KSB: Explanation for business result in Quarter 1/2012 Binh Duong Mineral and Construction Joint Stock Company explained the fluctuation in business results between Quarter 1/2012 and Quarter 1/2011:
By: VND
Item
|
Quarter 1/2012
|
Quarter 1/2011
|
Comparison
(%)
|
A
|
1
|
2
|
3 = 1/2
|
Revenue
|
111,241,746,587
|
126,232,035,032
|
88%
|
Financial
revenue
|
1,702,301,356
|
7,774,417,761
|
22%
|
Other
income
|
454,417,446
|
626,131,429
|
73%
|
Expenses
|
89,172,033,836
|
88,880,138,472
|
100%
|
Profit
before tax
|
24,226,431,553
|
45,752,445,750
|
53%
|
Profit
after tax
|
18,156,373,612
|
35,477,896,522
|
51%
|
1. In 2012,
the economy of Vietnam
has had many challenges because of inflation and fiscal tightening, specials in quarter 1/2012, so the demand of building materials decreased. The selling of
products of KSB in quarter 1/2012 went down 12% compared to quarter 1/2011. 2. Financial
income in quarter 1/2012 decreased 78% compared to quarter 1/2011 because in
quarter 1/2011 rose highly thanks to the difference in foreign exchange rate:
VND 4,901,594,503. 3. Profit
before tax in quarter 1/2012 decreased 49% compared to quarter 1/2011.
HOSE
|