Friday, 31/10/2008 20:10

TMS: Explanation for business result in Q3/2008

Transforwarding Waerehousing Joint Stock Corporation has given explanation to the business result increasing in Q3 over Q2/2008 as follows:

Business result report in Q3/2008:

                                                                                    Unit: VND

Items

Q2-2008

Q3-2008

Compared to the last quarter

Net sales and services

43,513,109,716

50,762,931,864

7,249,822,148

 

16.66%

Financial income

Include:

 - Profit in Nippon joint venture

- Other

4,695,792,134

 

1,989,526,082

6,494,532,090

 

 

 

4,655,200,000

1,798,739,956

 

 

38.31%

Profit after tax



6,911,660,972



10,728,477,141



3,816,816,169



55.22%



 

Revenue in Q3 increased 16.66% compared to Q2 was resulted from :

 

- Commodities from import-export transportation rose 33.86%, container quantity through ICD port increased 16.35% against Q2/2008.

- Profit after tax in Q3/2008 increased 55.22% compared to Q2/2008 because the company got the profit in Nippon joint venture VND 4,655,2 billion (from beginning capital: VND 4,944,8 billion to 30th of Sep 2008: VND 9,600 billion)

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