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DRH: Explanation for business result in quarter 2.2011
Explanation for business result in quarter 2.2011 of Dream House Investment Corporation (HOSE: DRH) (Dream House Corp) as follows:
Dream House Investment Corporation (Dream House Corp.)
Business Result
Unit:VND
|
No. |
Items |
QII-2011 |
QII-2010 |
% |
|
1 |
Revenue |
35,178,220,976 |
6,922,101,881 |
408.20 |
|
2 |
Cost of goods sold |
31,020,560,437 |
2,738,784,632 |
1,032.64 |
|
3 |
Gross profit |
4,157,660,539 |
4,183,317,249 |
-0.61 |
|
4 |
Financial incomes |
1,612,109,033 |
7,593,143,545 |
-78.77 |
|
5 |
Financial expenses |
3,712,833,281 |
785,983,645 |
372.38 |
|
|
- Include: Interest expense |
2,592,586,999 |
781,147,858 |
231.89 |
|
6 |
Selling expenses |
18,093,213 |
54,969,354 |
-67.08 |
|
7 |
General and administrative expenses |
1,727,142,341 |
1,182,436,931 |
46.07 |
|
8 |
Net operating profit |
311,700,737 |
9,753,070,864 |
-96.80 |
|
9 |
Other incomes |
3,504,076,547 |
6,306,840,000 |
-44.44 |
|
10 |
Other expenses |
2,800,000,000 |
3,763,696,946 |
-25.61 |
|
11 |
Other profits |
704,076,547 |
2,543,143,054 |
-72.31 |
|
12 |
Profit before tax |
1,015,777,284 |
12,296,213,918 |
-91.74 |
|
13 |
Current corporate income tax |
970,721,868 |
1,449,704,824 |
-33.04 |
|
14 |
Profit after tax |
45,055,416 |
10,846,509,094 |
-99.58 |
Explanation:
- Revenue of QII-2011 increased 408.2% beside QII-2010
- Profit after tax of QII-2011 decreased 99.58% beside QII-2010 because financial income decreased 78.77%, financial expenses increased 372.39%.
HOSE
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