|
VGP: Explanation for business result in Q1/08
The Vegetexco Port Joint -Stock Company (VEGEPORT) has explained of business result in Q1/08 as follows:
|
Items |
QIV/2007 |
QI/2008 |
Ratio |
|
- Revenue |
18,939,962,661 |
14,018,850,022 |
74 % |
|
- Financial income
- Net revenue
- Other revenues
- Total profit before tax
- Profit after tax |
2,297,615,849
3,880,582,622
103,556,503
3,984,139,125
3,142,006,859 |
1,776,746,100
5,529,914,905
980,702,567
6,510,617,472
6,510,617,472 |
77 %
142 %
943 %
163 %
207 % |
Profit in Q1/08 was higher than that in Q4/07 due to the following reasons:
Financial situation in the country affected decrease of export. However, profit of exploiting warehouse, port increased. Thus, profit still rose in comparison with the previous quarter.
Profit after tax was equal to profit before tax in Q1/08 because VEGEPORT got 100% tax exemption in 2008 as stipulated.
HoSE
|
