BCI: Explanation for business results in quarter 3/2010
Binh Chanh Construction Investment Shareholding Company (BCCI.) has explained business results in quarter 3/2010 beside quarter 3/2009 as follows:
Items |
Quarter 3/2009 |
Quarter 3/2010 |
% Change |
|
(1) |
(2) |
(3) = (2) / (1) |
Revenue |
157,208,381,883 |
148,811,323,344 |
94.66% |
Gross profit |
91,008,554,766 |
92,352,125,748 |
101.48% |
Reversal of securities investment provision |
14,912,050,036 |
|
|
Profit after tax |
84,106,667,315 |
67,223,586,122 |
79.93% |
• Revenue in quarter 3/2010 reached 94.66% of revenue in quarter 3/2009 but gross profit in quarter 3/2010 reached 101.48% of that in quarter 3/2009 because in quarter 3/2010 the company recorded profit from South Hung Vuong – North Tran Van Kieu Project, Phong Phu 5 Urban Area, Phong Phu 4 Urban Area.
• Profit after tax in quarter 3/2010 decreased 20.07% (16,883,081,193 dongs) beside quarter 3/2009 because in quarter 3/2010 there was not reversal of securities investment provision.
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