DCT: explanation for business result in Q1/08
Dongnai Roofsheet & Construction Material Joint - Stock Company (DONAC) has explained of business result in Q1/08 as follows:
Unit: VND1,000,000
|
QIV/2007 |
QI/2008 |
% Increase(+) Decrease(-) |
Net revenue |
57,978 |
34,138 |
-41% |
Gross profit |
17,791 |
12,037 |
-32% |
Profit after tax |
11,726 |
7,874 |
-32% |
Reasons:
In Q1/08, there was a long Tet holiday, sales reduced 41% compared to that in Q4/07. This led to decrease of gross profit and profit after tax.
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