VGP: Business result in Q1/2009
The Vegetexco Port Joint -Stock Company (VGP: VEGEPORT) has explained business result in Q1/2009 as follows:
(Unit: VND) |
QIV/2008 |
QI/2009 |
Ratio |
Sales |
32,173,056,646 |
15,595,569,641 |
48 % |
Financial income
Net profit
Other income
Profit before tax |
4,019,365,948
1,885,575,024
(1,350,810,055)
534,764,969
|
1,276,896,909
5,841,929,176
54,276,914
5,896,206,090
|
32 %
310 %
1102 % |
Profit in Q1/2009 was higher than that in Q4/2008:
Financial income reduced due to decrease of deposit interest.
Other income increased because of deduction for provision of bad debts in Q4/2008
Goods in Q1/2009 were more plentiful than that in Q4/2008.
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