CII: Expected profit in Quart 2/2009
Ho Chi Minh City Infrastructure Investment Joint Stock Company (CII) announced the company’s business operations as follows:
According to the development plan until 2015 approved by General Meeting, CII finished withdrawing all of 5% charter capital (equivalent to VND15 billion) from Northwest Saigon City Development Corporation on June 2nd 2009.
CII expected business operations in the first six months of 2009 as follows:
Unit: million dongs
Item |
Accumulation
in 6 months
of 2008 |
Accumulation
in 6 months
of 2009 |
Plan 2009 |
Compared
with
year 2008 |
Compared
with
the plan |
Total revenues |
176,662 |
174,918 |
309,970 |
99.01% |
56.43% |
Revenue from
sales and services |
89,280 |
88,764 |
|
|
|
Financial income |
36,698 |
84,914 |
|
|
|
Revenue from
real estate |
50,385 |
|
|
|
|
Other incomes |
298 |
1,240 |
|
|
|
Expenses |
115,697 |
55,645 |
135,569 |
48.10% |
41.05% |
Cost of goods sold |
43,743 |
151 |
|
|
|
Financial expense |
14,593 |
2,903 |
|
|
|
Selling expense |
53,539 |
48,648 |
|
|
|
General and
Administrative expense |
3,789 |
3,931 |
|
|
|
Other expenses |
34 |
12 |
|
|
|
Profit before tax |
60,965 |
119,273 |
174,401 |
195.64% |
68.39% |
Corporate tax |
3,474 |
8,668 |
18,352 |
|
|
Profit after tax |
57,491 |
110,605 |
156,049 |
192.39% |
70.88% |
EPS |
1,584 |
2,904 |
3,814 |
183.31% |
76.13% |
Note:
* In the financial expense above, the provision for the listed stocks (if any) which CII holds until June 2nd 2009 is not included. The list of stocks held by CII is as follows:
* 1,325,238 HCM shares of Ho Chi Minh City Securities Corporation, with a cost price of VND22,567/ share.
* 753,460 NBB shares of NBB Investment Corporation, with a cost price of VND30,971/ share.
* 2,934,912 LGC shares of LuGia Mechanical Electric Joint Stock Company, with a cost price of VND21,550/ share.
hose
|