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DIC: Explanation for business result in QII-2011
DIC Investment and Trading JSC (HOSE: DIC) explained the fluctuation in business result between QII-2011 and QII-2010:
Unit: VND
|
|
QII-2011 |
QII-2010 |
Difference |
Difference ratio |
|
Net revenue |
257,031,117,301 |
236,256,310,744 |
20,774,806,557 |
108.8% |
|
Profit after tax |
3,765,231,811 |
6,150,231,708 |
(2,384,999,897) |
61.22% |
|
Accumulation net revenue |
464,423,256,303 |
466,520,463,932 |
(2,097,207,629) |
99.5% |
|
Accumulation profit |
10,790,134,212 |
9,979,358,269 |
810,775,943 |
108.1% |
Reason:
- Net revenue in QII-2011 increased compared with in QII-2010 but profit after tax in QII-2011 as 61.22% compared with the same period last year
- Macroeconomic policy in 2011 is more fluctuation, particularly on monetary policy. Interest increased nearly doubled compared with the last year leading to financial expenses high to make business result in QII-2011 decreased
Accumulation profit of 06 months 2011 higher than compared with the same period last year.
HOSE
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