HT1: Explanation for business result in Q1/2009
Ha Tien 1 Cement Joint Stock Company has explained business result in Q1/2009 as follows:
Unit: VND
Items |
Q1/2009 |
Q4/2008 |
Difference |
% Difference |
Net sales |
561,921,954,788 |
756,596,808,143 |
(194,674,853,355) |
(26%) |
COGS |
472,774,689,036 |
635,317,550,641 |
(162,542,861,605) |
(26%) |
Gross profit |
89,147,265,752 |
121,279,257,502 |
(32,131,991,750) |
(26%) |
Profit before tax |
18,187,204,216 |
50,469,816,771 |
(32,282,612,555) |
(64%) |
Profit before tax in Q1/09 decreased 64% in comparison with that in Q4/08 because there was Tet holiday in quarter 1. Therefore, it affected consumption of products of the company.
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