Monday, 11/08/2008 17:17

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.

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