DXV: Explanation for business activities in quarter 3/2008
Below is explanation of Da Nang Construction Building Materials and Cement Joint Stock Company (DXV) for its business activities in quarter 3/2008:
Items |
Unit |
Quarter
3/2008 |
Quarter
2/2008 |
Comparison (%) |
Sale amount of:
Cement
Brick
Ashlars facing stone
Packing bag |
ton
piece
m2
piece
|
181,894
6,230,600
777
4,699,535 |
222,101
9,205,150
2,119
5,671,131 |
82%
68%
37%
83% |
Turnover |
million dongs |
219,020 |
255,649 |
86% |
Cost of goods sold |
million dongs |
205,477 |
245,211 |
84% |
Profit before tax |
million dongs |
2,745 |
2,384 |
115% |
- In quarter 3, the sale of all products decreased compared to that of quarter 2 due to low demand of the market and high competitive pressure from other competitors.
- Prices of production material such as cement did not decrease but the quantities of good sold decreased, so the cost of goods sold decreased by 16% accordingly.
- Turnover is lower than that of quarter 2; however, the selling price of cement increased 4%, so the profit increased 15% on the quarter 2 accordingly.
HOSE
|