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HSG: Estimated business result in the first 04 months 2010
Hoasen Group (HOASEN GROUP.) has announced the estimated business result in the first 04 months 2009-2010 as follows:
Estimated consolidated business result in January 2010 and the first 04 months 2009-2010 (from Oct. 2009 to Jan. 2010):
|
Items |
Unit |
Estimated result in Jan. 2009 |
Estimated result in the first 04 months 2009-2010 |
The plan in 2009-2010 |
Realization ratio of the first 04 months 2009-2010 (%) |
|
A |
B |
1 |
2 |
3 |
4 = 2/3 |
|
1. Sales volume |
tons |
19,352 |
83,186 |
287,000 |
28.99 |
|
2. Revenue |
Billion dongs |
336 |
1,428 |
4,976 |
28.70 |
|
3. Net profit |
Billion dongs |
31 |
185 |
520 |
35.58 |
Although the first 04 months 2009-2010 (from Oct. 2009 to Jan. 2010) was not time for selling steel roofing, the selling volume, revenue and profit after tax also reached as in the plan.
In annual Lunar New Year, the company withdrew and revalued debts of each customer. Therefore, in the Jan. 2010, the company decreased selling volume to withdraw debts. And the result of debt withdraws decreased from VND292 billion as at Dec. 31, 2009 to about VND19.5 billion as at Feb. 13, 2010. However, the company has maintained production and increased inventories for the peak season after Tet Holidays.
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