BMP: Explanation for business result in Q1/08
Binh Minh Plastics Joint-stock Company (BMPLASCO) has explained business result in Q1/08 as follows:
Unit: VND
|
Q1/2008 |
Q4/2007 |
Difference |
Rate |
Profit after tax |
26,736,803,311 |
20,854,077,487 |
5,882,725,824 |
28 |
Although output in Q1/08 increased and consumption was lower than that in Q4/07, however profit still grew 28.21%:
Selling price increased 8%.
Contracts have been signed in the previous quarters thus material prices were at the old prices.
Profit from selling materials and goods in Q1/08 increased 3 billion dong compared to that in Q4/07.
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