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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