620 - Chau Thoi Concrete Corporation (620CCC) has explained profit after tax in quarter 1/2010 increased 207.25% beside quarter 1/2009 as follows:
Unit: dongs |
Items |
Quarter 1/2009 |
Quarter 1/2010 |
Change |
+/- |
% |
Revenue |
104,455,120,649 |
118,522,928,679 |
14,067,808,030 |
13.47 |
Cost of goods sold |
91,405,869,715 |
79,938,265,604 |
-11,467,604,111 |
-12.55 |
Gross profit |
13,049,250,934 |
38,584,663,075 |
25,535,412,141 |
195.68 |
Profit before tax |
8,857,279,666 |
27,213,773,235 |
18,356,493,569 |
207.25 |
Profit after tax |
6,642,959,749 |
20,410,329,926 |
13,767,370,177 |
207.25 |
Ratio of cost of goods sold on revenue in quarter 1/2010 (67.45%) was lower than that in quarter 1/2009 (87.51%). Therefore, the gross profit in quarter 1/2010 increased 25,535,412,141 dong (195.68%) because production activities arranged reasonable made productivity increase.
Profit after tax in quarter 1/2010 increased 13,767,370,177 dongs (207.25%) beside that 2009.
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