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SAV: Explanation for profit fluctuation in QII-2011
Savimex Corporation (HOSE: SAV) explained business performance in the consolidation of Quarter 2/2011:
By VND
|
|
QII-2011 |
QII-2010 |
Difference |
Rate |
|
Net Sales and services |
106,328,001,831 |
64,656,492,651 |
41,671,509,180 |
64.45% |
|
In which: export sales |
64,996,413,022 |
37,405,552,958 |
27,590,860,064 |
73.76% |
|
Total sales |
112,207,026,774 |
72,646,829,566 |
39,560,197,208 |
54.46% |
|
Profit after tax of the parent company |
27,214,870 |
2,988,001,549 |
-2,960,786,679 |
-99.09% |
Profit after tax in quarter 2/2011 compared with quarter 2/2010 decreased by VND2,960,786,679:
Export sales to Japan in quarter 2/2011 increased 73.76% compared with the same period last year.
The first 06 months 2011: materials price, transport expenses, interest expenses and other expenses increased
Activities of the subsidiary in quarter 2/2011 inefficient loss VND1,459,658,525.
HOSE
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