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DIC: Explanation for business result in QIII/2011 (2nd)
DIC Investment and Trading JSC (HOSE: DIC) explained differences in revenue and profit in QIII/2011 compared to QIII/2010:
By: VND
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QIII/2011 |
QIII/2010 |
Difference |
Ratio |
|
Net revenue |
252,558,471,723 |
185,516,186,225 |
67,042,285,498 |
136.14% |
|
Profit after tax |
2,963,534,928 |
3,630,355,100 |
(666,820,172) |
81.63% |
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Cumulative net revenue |
716,981,728,026 |
652,036,650,157 |
64,945,077,869 |
109.96% |
|
Cumulative profit |
13,895,815,619 |
12,809,713,369 |
1,086,102,250 |
108.48% |
Net revenue in QIII/2011 increased by 36% from QIII/2010, but profit after tax decreased by 18.4% from QIII/2010 because the Company’s sale expense and interest expense rose sharply, especial interest expense. However, the Company’s cumulative revenue and profit in QIII/2011 were higher than the same period of last year.
HOSE
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