Monday, 02/02/2009 14:20

REE: Business result in Q4/2008

Refrigeration Electrical Engineering Corporation (REE) has informed of business result in Q4/2008 as follows:

- Total net sales: VND327.86 billion

- Profit before tax: VND9.72 billion

- Accumulation from the beginning of the year to Q4/2008:

+ Total net sales: VND1,149 billion, equivalent to 102.13% compared to the same period 2007  and 104.46% compared to the 2008 plan (VND1,100 billion)

+ Profit before tax: VND(139.34) billion

Unit: VND

 

Supply and install M&E

Sale

Services and real estate

Integration

Total sales

174,093,858,524

83,409,863,917

70,352,757,636

327,856,480,077

Business results

(4,542,427,407)

8,112,883,782

38,875,587,981

42,446,044,356

Financial income

 

 

 

51,251,702,926

Financial expenses

 

 

 

(82,769,553,778)

Other incomes

 

 

 

2,153,844,247

Corporate tax

 

 

 

(406,382,172)

Benefit of minor shareholders

 

 

 

(53,501,834)

Profit after tax

 

 

 

12,451,672,516

- The company had set up the provision of securities devaluation and other investment on OTC worth VND72.05 billion. Total provision from the beginning of the year to Q4/2008 was VND467.13 billion. This is the main reason leading to loss of the company.

HoSE

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