TBX: QII-2011 Operation explaination
According to the Financial Statement QII-2011 of Thai Binh Cement JSC, the operating result of the company as follows:
No. |
Items |
QII-2010 |
QII-2011 |
1 |
Net sales |
21,326,077,053 |
17,395,798,890 |
2 |
Operating profit |
1,396,122,151 |
1,317,881,725 |
3 |
Profit from other activities |
86,557,564 |
32,727,270 |
4 |
Total Profit before tax |
1,482,679,715 |
1,350,608,995 |
5 |
Income tax payables |
352,116,648 |
337,652,249 |
6 |
Profit after tax |
1,130,563,067 |
1,012,956,746 |
•Net sales in QII-2011 decreased (81.4% of QII-2010).
•Profit after tax in QII-2011 decreased (89.5% of QII-2010).
Thai Binh Cement JSC explained the decrease in operating result in QII-2011 as follows:
- Profit from other activities in QII-2011 decreased by VND53,830,294 compared to QII-2010
- In 2010, the company enjoyed tax preference because of production enlargement. In 2011, the company no longer enjoy tax preference
- Price of raw materials went up.
HNX
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