SFI: Explanation for business result in Quarter 1.2011
Sea & Air Freight International (HOSE: SFI) explained the fluctuation in business result in Quarter 1/2011 compared to Quarter 1/2010:
|
Quarter 1/2011 |
Quarter 1/2010 |
Different value |
Different ratio |
Total revenue |
51,936,325,655 |
43,069,841,998 |
8,866,483,657 |
120.59% |
Total expenses |
45,356,461,056 |
38,545,295,204 |
6,811,165,852 |
117.67% |
Profit after tax |
6,579,864,599 |
4,524,546,794 |
2,055,317,805 |
145.42% |
Total consolidated revenue of Safi in Quarter 1/2011 was more than VND51.9 billion, equal to 120.58%, and the consolidated profit after tax was equal to 145.42%, increasing more than VND2.05 billion compared to Quarter 1/2010. Profit after tax in Quarter 1/2011 rose more than VND2.05 billion because profit of agents of the parent company was higher. Therefore, profit after tax in Quarter 1/2011 was more than in Quarter 1/2010.
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