|
SBA: Explanation for business result in QII-2011
Song Ba Joint Stock Company explained the difference in profit between QII-2011 and QII-2010 as follows:
- Profit after tax in QII-2011: VND4,044,855,888
- Profit after tax in QII-2010: (VND1,009,845,637)
- Difference: VND5,054,701,525
Unit: VND
|
|
|
|
|
|
|
|
|
|
|
|
|
No. |
Content |
Quarter II |
Difference |
|
Year 2011 |
Year 2010 |
Amount |
Ratio (%) |
|
1 |
Revenue from sales and services |
34,220,170,792 |
3,597,836,918 |
30,622,333,874 |
851% |
|
2 |
Cost of goods sold |
7,232,502,032 |
2,950,885,352 |
4,281,616,680 |
145% |
|
3 |
Gross profit |
26,987,668,760 |
646,951,566 |
26,340,717,194 |
4072% |
|
4 |
Financial income |
283,868,586 |
123,579,055 |
160,289,531 |
130% |
|
5 |
Financial expenses |
22,156,681,567 |
2,026,447,105 |
20,130,234,462 |
993% |
|
6 |
General & administration expenses |
707,303,920 |
171,918,464 |
535,385,456 |
311% |
|
7 |
Net operating profit |
4,407,551,859 |
-1,427,834,948 |
5,835,386,807 |
409% |
|
8 |
Other incomes |
35,927,336 |
763,483,736 |
-727,556,400 |
-95% |
|
9 |
Other expenses |
65,364,090 |
461,692,099 |
-396,328,009 |
-86% |
|
10 |
Other profit |
-29,436,754 |
301,791,637 |
-331,228,391 |
-110% |
|
11 |
Profit before tax |
4,378,115,105 |
-1,126,043,311 |
5,504,158,416 |
489% |
|
12 |
Corporate income tax |
333,295,217 |
-116,197,674 |
449,456,891 |
387% |
|
13 |
Profit after tax |
4,044,855,888 |
-1,009,845,637 |
5,054,701,525 |
501% |
Reason: Because from late June 2011, the Company put another Krong H’nang Hydroelectric Power Plant, with a capacity of 64 MW, into commercial operation, so the electric production in QII-2011 increased many times compared to QII-2010. Therefore, revenue rose sharply and other expenses changed, as follows:
hose
|
