MCV: Explanation for business result in Q2
Cavico Vietnam Mining and Construction Joint Stock Company (CVCM.,JSC) explained business result in Q2/08 as follows:
Unit: dongs
QI/2008
QII/2008
Difference
Sales
24,384,165,935
57,600,055,148
136%
Profit after tax
2,084,243,204
4,807,420,811
131%
Sales in Q2/08 increased 136% compared to that in Q1/08. It mainly came from expoilting mine and basic construction. In addition, Q1/08 was the stage of process while output was only done in Q2/08, therefore, this affected sales and profit in Q1/08. At present, projects of the company are still implemented in the right progress.
HoSE
> VFMVF1: NAV from 31 Jul 2008 to 7 Aug 2008 (11/08/2008)
> BHS: Trading Result of Major Shareholders (11/08/2008)
> GMD: Change of ownership ratio of a major shareholder (11/08/2008)
> HAP: Business result in July 2008 (11/08/2008)
> RAL: Cash dividend payment (11/08/2008)
> SDS: Results of transactions of principal shareholders (11/08/2008)
> VC2: Result of transactions of Directors, PDMR (11/08/2008)
> DCS: Results of transactions of principal shareholders (11/08/2008)
> B82: Result of transaction of PDMR (11/08/2008)
> NVC: Notice of record date (11/08/2008)