VIP: Explanation for business result in Quarter 1.2012
Viet Nam Petroleum Transport Joint Stock Company (VIPCO) explained the difference in revenue and profit in Quarter 1.2012 and Quarter 1.2011:
Quarter 1.2012 (VND) Quarter 1.2011 (VND) Difference (VND) Ratio (%) Profit after tax 6,029,856,817 11,689,339,976 -5,659,483,159 51.58 - Profit after tax in Quarter 1.2012 was lower than in Quarter 1.2011 because transport business decreased, in Quarter 1.2012 Petrolimex 16 ship was repaired in 30 days with repair expense by VND10.6 billion and the company spared VND12.8 billion for repairing the Petrolimex 15 ship in advance.
Quarter 1.2012 (VND)
Quarter 1.2011 (VND)
Difference (VND)
Ratio (%)
Profit after tax
6,029,856,817
11,689,339,976
-5,659,483,159
51.58
- Profit after tax in Quarter 1.2012 was lower than in Quarter 1.2011 because transport business decreased, in Quarter 1.2012 Petrolimex 16 ship was repaired in 30 days with repair expense by VND10.6 billion and the company spared VND12.8 billion for repairing the Petrolimex 15 ship in advance.
HOSE
> TCR: Explanation for business result in Q1.2012 (28/06/2012)
> SBS: SBS extends the time for AGM (28/06/2012)
> DCL: DCL extends the time for AGM (28/06/2012)
> KBC: Link to the 2011 Annual Reports (28/06/2012)
> KAC: Explanation for business result in Q1.2012 (28/06/2012)
> VIP: Explanation for business result in Quarter 1.2012 (28/06/2012)
