VIP – business results in Q3/2007

Vietnam Petroleum Transport Joint Stock Company (VIPCO) has explained of business results in Q3/2007 as follows:

Profit after tax in Q3/2007 decreased 28.28% compared to Q2/2007

Reasons:

Petrolimex vessel No.2 was in  periodic maintainance thus, revenues reduced VND3,984,750,000

Renting fees of Petrolimex vessels No.3, No.6 & No.10 were down so revenues decreased VND7,941,325,000

Petrolimex vessel No.5 had been maintained from Q2 to Q3, revenues declined VND166,773,000

Total revenues decreased VND12,092,848,000.

HoSE

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