DPR: Explanation for business result in Q1/2009
Dong Phu Rubber Joint Stock Company (DPR) has explained business result in Q1/2009 as follows:
Items (unit: VND) |
QIV/2008 |
QI/2009 |
Difference |
Sales |
199,491,542,700 |
104,199,311,339 |
-95,292,231,361 |
COGS |
151,058,994,935 |
80,547,356,962 |
-70,511,637,973 |
Profit after tax |
40,945,562,058 |
27,670,668,026 |
-13,274,894,032 |
* Q4/2008: Output: 6,966.42 tons; average price: VND28,636,164/ton
* Q1/2009: Output: 4,548.55 tons; average price: VND22,908,248/ton
* Profit in Q1/2009 decreased VND23,874,108,456 (54,54%) in comparison with that in Q4/2008.
* Other profit in Q1/2009 increased VND10,599,214,032 due to income of liquidating rubber.
Due to the above reasons, profit after tax in Q1/2009 reduced VND13,274,894,032 (32.42%) in comparison with that in Q4/2008.
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