Wednesday, 21/05/2008 17:19

DPR: Explanation for business result in Quarter I/2008

Dong Phu Rubber Joint Stock Company (DORUCO) has explained its business result in the first quarter as follows:

Item

Quarter 4/2007

Quarter 1/2008

Comparison between Quarter 4/2007 and Quarter 1/2008

 

 

 

 

(+) (-)

%

Sold production

               6,901.41 tons

               3,176.94 tons

+ 3,724.47 tons

+ 117.23

Sales

253,617,800,562

127,580,503,523

+ 126,037,297,039

+ 98.79

Profit after tax

71,813,744,348

44,086,047,897

+ 27,727,696,451

+ 62.89

 

Reason:

The latex output of the rubber branch often increases at the end of every year. The first quarter is the time when rubber trees lose their leaves and have little latex, so the output is lower. Sales and profit in Quarter 4, therefore, are often higher than in Quarter 1.

HoSE

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