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SDA: Explanation for the change of over 5% in operating results in QIV- 2009
According to the Financial Statement Quarter IV/2009, SIMCO Song Da JSC explained the increase in operating result in QIV/ 2009 as follows:
|
No |
Indicator |
QIII/2009 |
QIV/2009 |
Change |
|
1 |
Gross sales of merchandise and services |
37,698,323,048 |
108,503,402,065 |
188% |
|
2 |
Cost of goods sold |
30,939,512,064 |
88,353,745,289 |
186% |
|
3 |
Accounting profit before tax |
8,475,641,408 |
19,275,192,341 |
127% |
|
4 |
Net profit after tax |
8,037,498,704 |
16,749,849,487 |
108% |
- Construction of structural products (Completed by periods) normally takes more time than productions of building materials. Therefore, all of the company’s structural products are accepted in Quarter IV/2009 (Mostly in December/2009), hence gross sales of merchandise and services, Cost of goods sold, and profit of Q4/2009 increased significantly compared to Q3/2009.
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