Thursday, 17/11/2011 18:05

SFI: Explanation for business result in QIII/2011

Sea & Air Freight International (HOSE: SFI) explained the fluctuation in business result between QIII/2011 and QIII/2010 (Parent company):

By: VND

Item

QIII/2011

QIII/2010

Difference

Value

Ratio

 Revenue from services

36,108,655,956

35,195,444,611

 913,211,345

102.59%

 Revenue from financial activities

 6,840,083,891

 8,725,237,325

 (1,885,153,434)

78.39%

 Cost of goods sold

31,075,001,370

30,852,282,945

 222,718,425

100.72%

 Profit after tax

 9,407,016,214

10,364,191,681

 (957,175,467)

90.76%

Compared to QIII/2010, the parent company’s revenue in QIII/2011 was more than VND36.1 billion, equal to 102.59%, and profit after tax was equal to just 90.76% of profit in QIII/2010 or decreased VND0.95 billion. Profit after tax in QIII/2011 went down because revenue from financial activities decreased VND1.8 billion.

HOSE

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