|
SDA: Business operating results
According to the Financial Statement Quarter III/2011, profit after tax is VND 1,146,700,953 with a decrease of 47.20% compared to Quarter III/2010. SIMCO Song Da JSC (HNX: SDA) explained the decrease in operating result in QIII/2011 as follows:
Unit: VND million
- In the state of economy, the Company has endured high rate of banking interest and inflation. Therefore, the financial expenses increased.
- Income from real estates projects has just gained since QIV/2011.
|
Descriptions |
QIII.2011 |
QIII.2010 |
% change |
|
Gross from sale of merchandise and services |
13,046,003,743 |
13,492,270,661 |
-3.31 |
|
Cost of goods sold |
11,040,172,388 |
12,430,784,589 |
-11.19 |
|
Profit before tax |
1,528,017,938 |
2,897,600,952 |
-47.27 |
|
Profit after tax |
1,146,700,953 |
2,171,683,304 |
-47.20 |
HNX
|
