SFC: Explanation for business result in Quarter IV/2011
Sai Gon Fuel Joint Stock Company explained the fluctuation in the profit after tax of Quarter 4/2011 and Quarter 4/2010 according to the consolidated financial statements:
- Profit after tax in Quarter 4/2010: VND55,141,612,332
- Profit after tax in Quarter 4/2011: VND29,048,577,828
- Profit after tax in Quarter 4/2011 decreased compared with Quarter 4/2010 because:
+ In Quarter 4/2010 income from transfer of projects
+ Gross profit of petrol in Quarter 4/2011 decreased compared with Quarter 4/2010.
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