Thursday, 30/10/2008 09:56

DXP: Explanation for business activities of quarter 3/2008

Doan Xa Port Joint Stock Company (DXP) explained its business activities in quarter 3/2008 as follows:

In quarter 3/2008, profit before tax of DXP increased by 35.21% compared to last quarter (profit before tax of quarter 2 is 8,709,573,093 dongs; quarter 3 is 11,776,185,093 dongs) because of following reasons:

• Revenue: increased by 3.5% on last period (quarter 3: 29,867,240,450 dongs; quarter 228,859,084,083 dongs)

• Expense: decreased by 10.65% on last period (quarter 3: 17,715,068,034 dongs; quarter 2: 19,825,861,791 dongs)

• Profit of quarter 2 decreased by 803,441,474 dongs due to foreign exchange rate fluctuation.

Profit of quarter 3 increased considerably thanked to the cut off expenses. As the result, profit before tax of first 9 months is 209.5% of the year’s plan, increased by 105.35% on the same period of last year.

Items

Plan of 2008

(million dongs)

Realized in 9 months of 2007  

(million dongs)

Realized in 9 months of 2008

(million dongs)

Comparison (%)

(1)

(2)

(3)

(4)

(4)/(2)

(4)/(3)

Sales

68,000

55,409

73,601

108

133

Expenses

57,000

44,187

50,557

89

114

Profit before tax

11,000

11,222

23,044

209

205

HoSE

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