Thursday, 02/04/2009 10:36

TMC: Business result in February 2009

Thu Duc Trading and Import - Export Joint Stock Company (TIMEXCO) announced the business result in February 2009 as follows:

 

Item

February 2009

Accumulation in the first two months of 2009

Revenue

VND74.6 billion

VND160.18  billion

Gross profit

VND4.35  billion

VND9.61  billion

Profit before tax

VND1.82  billion

VND5  billion

Profit after tax

VND1.7  billion

VND3.76  billion

 

 

 

 

 - In comparison with January 2009, the company’s revenue in February is equal to 87% and profit after tax is 83%.

 - Reason: The time of retail selling was shorter because there were 28 days in February. Besides, the purchasing power of consumers, especially gasoline, steel, electronic goods and motorbikes, was down.  

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