Thursday, 16/09/2010 11:49

VIP: Explanation for the business results in H1/2010

Vietnam Petroleum Transport Joint Stock Company (HoSE: VIP) has explained the business result in 06 months 2010 beside 06 months 2009 as follows:

                                                                                                                                                    Unit: Dong

Items

06 months 2009

06 months 2010

+/- Change

% Change

Net revenue

542,490,017,012

693,800,800,375

151,310,783,363

127.89

Profit after tax

63,041,264,129

17,488,959,992

-45,552,304,137

27.74

Revenue in 06 months 2010 increased beside revenue in 06 months 2009 because petrol trading increased 66,622,795,025 dongs and transport trading increased 63,036,182,716 dong.

Profit in 06 months 2010 decreased beside profit in 06 months 2009 because:

- Number of ships hired by Vietnam National Petroleum Corporation decreased.

- Some ships were in regularly maintenance. The fuel expenses increased but freight increased to negligible rate.

- The company made a provision for exchange difference for a loan of 10 billion dongs in 06 months 2010.

hose

Other News

>   PHR: Business result in August 2010 (15/09/2010)

>   SRF: Explanation for business result in Q2/2010 (15/09/2010)

>   PTC: Adjusting figure in the Q2 financial statement (15/09/2010)

>   ITA: Difference of figures in the financial statement Q2 and H1/2010 (15/09/2010)

>   BMI: Difference of figures in the financial statement Q2 and H1/2010 (15/09/2010)

>   VFMVFA: NAV from 02 Sep to 09 Sep 2010 (15/09/2010)

>   PRUBF1: NAV from 02 Sep 2010 to 09 Sep 2010 (15/09/2010)

>   VFMVF1: NAV from 02 Sep 2010 to 09 Sep 2010 (16/09/2010)

>   VFMVF4: NAV from 02 Sep 2010 to 09 Sep 2010 (15/09/2010)

>   Vinamilk sells coffee plant to Trung Nguyen (14/09/2010)

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