VSC: Explanation for the business fluctuation in quarter 2/2009
Vietnam Container Shipping Joint Stock Company (VSC: VICONSHIP) has explained 5% fluctuation between quarter 2/2009 and quarter 1/2009 as follows:
Unit: VND
No. |
Items |
Quarter 1/2009 |
Quarter 2/2009 |
+/- Change |
(%) Change |
1 |
Net revenue |
86,598,322,900 |
116,746,725,497 |
30,148,402,597 |
34.81% |
2 |
Profit before tax |
26,994,162,372 |
48,993,301,637 |
21,999,139,265 |
81.50% |
The business activities were better in quarter 2/2009. Production of transportation, loading, warehouses, etc.… was higher than quarter 1/2009. Especially production of frozen cargo containers at Green port increased sharply more than quarter 1/2009.
Therefore, net revenue increased by VND30,148,402,597 (34.81%) and profit before tax increased by VND21,999,139,265 (81.5%) compared with quarter 1/2009.
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