PGT: Explanation for the change of over 5% in operating result in QII- 2010
According to the Financial Statement Quarter II/2009, net income decreased more than 10% compared to Quarter II/2009. Saigon Petrolimex gas taxi JSC explained the decrease in operating result in QII/ 2010 as follows:
- Weather is one of the factors that affect on the company’s revenue from taxi transportation business. In 2010, the hot weather prolonged, rainy season was late, the number of taxi customers are therefore significantly decreased, influcened on revenue from taxi transportation business as well as the company gross revenue. Particularly:
Item
Quarter 2/2010
Quarter 2/2009
% 2010/2009
Total Profit before tax
939,594,597
1,366,485,166
69%
Total Profit after tax
760,669,445
1,249,002,313
61%
hnx
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