Thursday, 16/04/2009 21:37

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.

hose

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