DIC: Explanation for business result in QI/2012
DIC Investment and Trading Joint Stock Company explained differences in the financial statements in Quarter I/2012 compared to Quarter I/2011:
By: VND
Quarter III/2011 Quarter III/2010 Difference Ratio Net revenue 365,027,864,247 207,392,139,002 157,635,725,245.00 176% Profit after tax 1,705,800,920 7,027,902,401 (5,319,101,481.00) 24% - The net revenue in Quarter I/2012 increased by 176% because clinker export rose strongly. - Profit after tax in Quarter I/2012 increased by 24% from the same period of last year because economic difficulties. Inventories in Quarter I/2012 went up 45% over Quarter I/2011. - Besides, interest rate expense and general & administrative expenses increased highly.
Quarter III/2011
Quarter III/2010
Difference
Ratio
Net revenue
365,027,864,247
207,392,139,002
157,635,725,245.00
176%
Profit after tax
1,705,800,920
7,027,902,401
(5,319,101,481.00)
24%
- The net revenue in Quarter I/2012 increased by 176% because clinker export rose strongly.
- Profit after tax in Quarter I/2012 increased by 24% from the same period of last year because economic difficulties. Inventories in Quarter I/2012 went up 45% over Quarter I/2011.
- Besides, interest rate expense and general & administrative expenses increased highly.
HOSE
> SD9: Results of Annual General Meeting of Shareholders 2012 (28/05/2012)
> S12: Results of Annual General Meeting of Shareholders 2012 (28/05/2012)
> SDC: 2012.Quarter I_ Financial Statement (consolidated) (28/05/2012)
> TNM: Notice of record date for Annual General Meeting of Shareholders (28/05/2012)
> ABI: Notice of record date for Dividend payment and AGM (28/05/2012)
> PVA: Results of General Meeting of Shareholders 2012 (28/05/2012)
> TLG: Resolution of the BOD (25/05/2012)
> NTP: 2012.Quarter I_ Financial Statement (holding company) (25/05/2012)
> MNC: 2012.Quarter I_ Financial Statement (consolidated) (25/05/2012)
> NPS: 2012.Quarter I_ Financial Statement (25/05/2012)