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SFI: Explanation for business result in QI/2012 Sea & Air Freight International (SAFI) explained the consolidated financial statements in Quarter I/2012 as follows:
By: VND
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Content
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Quarter I/2012
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Quarter
I/2011
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Difference
between Quarter I/2012 & Quarter I/2011
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Amount
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Ratio
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Revenue
from services
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59,660,776,969
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44,244,083,766
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15,416,693,203
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134.84%
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Cost of
goods sold
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34,004,196,429
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25,941,638,303
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8,062,558,126
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131.07%
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Financial
income
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4,271,373,424
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3,979,953,332
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291,420,092
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107.32%
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Financial
expense
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1,020,426,297
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3,770,866,221
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(2,750,439,924)
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27.06%
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General
& administrative expense
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20,709,316,680
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14,038,138,159
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6,671,178,521
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147.52%
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Profit
from joint-ventures
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4,183,227,062
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3,051,494,501
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1,131,732,561
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137.08%
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Profit
after tax of the parent company’s shareholders
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9,179,429,424
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7,102,897,031
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2,076,532,393
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129.23%
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-
SAFI’s
consolidated revenue in Quarter I/2012 was more than VND59.6 billion, equal to 134.84%
and the consolidated profit after tax was equal to 129.23%, increased more than
VND2.07 billion from Quarter I/2011. The profit after tax in Quarter I/2012 went
up because profit from joint-ventures just increased VND1 billion and financial
expense decreased VND2 billion. Wherefore, SAFI’s consolidated profit after tax I
Quarter 1.2012 was higher than the same period of last year.
HOSE
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