Petrolimex International Trading Joint Stock Company has explained business result between quarter 1/2012 and quarter 1/2011 as follows:
-
Profit before tax in quater 1/2012:
VND211,445,944
-
Profit before tax in quater 1/2011:
VND10,094,441,768
-
Decreasing: VND9,882,995,824
-
Reason:
+
Gross profit decreased VND16,044,696,289
because agricultural goods are declining.
+
Financial incomes decreased VND3,284,223,865
+
Financial expenses decreased VND8,336,759,172because
interest expenses was less than the same
period last year and this year, have not loss because of provision for
financial investment.
+
Selling expenses decreased VND2,323,748,865
and general and administrative increased VND1,056,858,879.
+
Other profit decreased VND157,724,828.
