DXV: Explanation for business result in quarter 3/2009
Da Nang Construction Building Materials and Cement Joint Stock Company (DXV: COXIVA) has announced business result in quarter 3/2009 in comparison with that in quarter 2/2009:
Items |
Unit |
Quarter 3/2009 |
Quarter 2/2009 |
(%) Compare |
Sales production |
|
|
|
|
- Cement |
Tons |
138,193 |
167,477 |
83% |
- Brick |
Units |
11,889,600 |
7,740,330 |
154% |
- Packing |
Units |
5,970,837 |
6,230,576 |
96% |
Revenue |
Million dongs |
174,226 |
209,177 |
83% |
Cost of goods sold |
Million dongs |
164,804 |
194,459 |
85% |
Profit before tax |
Million dongs |
2,306 |
4,558 |
51% |
* Sales production of cement and packing (the products hold high proportions) in quarter 3/2009 decreased more than that in quarter 2/2009.
* Cost of goods sold decreased because revenue decreased. However, average of cost of packing in quarter 3/2009 increased 10% in comparison with that in quarter 2/2009 and made profit decreased.
* Revenue in quarter 3/2009 decreased 17% in comparison with that in quarter 2/2009 and made profit decreased because sales production decreased and average selling price decreased.
* Profit in quarter 3/2009 was 49% lower than that in quarter 2/2009.
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