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GEX: Explanation for consolidated business result in Q2/2019
HSX - 7/31/2019 4:10:00 PM
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Viet Nam Electrical Equipment Joint Stock Corporation has explained the decrease in profit of Quarter 2/2019 compared to Quarter 2/2018:  

By: Billion dongs

 

Quarter 2/2019

Quarter 2/2019

Difference

Revenue

4,035.9

3,377.6

19.49%

Profit before tax

366.6

203.4

80.2%

Profit after tax

302.1

163.5

84.76%

 

Reason:

Consolidated profit after tax in quarter 2, 2019 was VND138.6 billion, increasing 84.76% compared to Quarter 2, 2018 because:

-       Gross profit of electric equipment sector went up 45% and gross profit of logistics increased 48%.

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