Tuesday, 18/11/2008 17:23

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.

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