SFI: Explanation for business result in QII/2011
Sea & Air Freight International (HOSE: SFI) explained the consolidated financial statements in Quarter II/2011 as follows:
Content |
Quarter II/2011 |
Quarter II/2011 |
Difference between Quarter II/2011 & Quarter II/2010 |
Amount |
Ratio |
Revenue from services |
51,166,554,957 |
45,374,755,118 |
5,791,799,839 |
112.76% |
Profit from joint-ventures |
2,466,870,049 |
6,113,195,618 |
(3,646,325,569) |
40.35% |
Profit after tax |
6,433,526,116 |
10,823,588,893 |
(4,390,062,777) |
59.44% |
SAFI’s consolidated revenue in Quarter II/2011 was more than VND51.1 billion, equal to 112.76% and the consolidated profit after tax was equal to 59.44%, decreased more than VND4.3 billion from Quarter II/2010. The profit after tax in Quarter II/2011 went down because profit from joint-ventures just gained 40.35% compared to the same period of last year, or slid more than VND3.6 billion.
HOSE
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