Rubber company sees decline in profit
Dong Phu Rubber Co (DPR) earned VND457.3 billion (US$21.8 million) in the first six months of this year, just 67.9 per cent of the level achieved in the same period last year. Profits declined 45.4 per cent during the period to VND160 billion ($7.6 million). The company estimated sales volume at around 6,400 tonnes, slightly higher than last year, but inventories mounted to 2,500 tonnes, more than two times higher. Rubber prices averaged VND70.7 million ($3,400) per tonne, just 73 per cent of last year's average price in the corresponding period
vietnamnews
> Saigon Jewelry chosen as VN gold trademark (07/07/2012)
> Rice exports decrease in first half (06/07/2012)
> SJC to become state gold bullion brand (05/07/2012)
> Vietnam’s coffee premium drops as London futures advance (05/07/2012)
> PM approves plan to buy up rice surplus (05/07/2012)
> Banks getting bore to death with gold (04/07/2012)
> Vietsovpetro makes fresh offshore oil field discovery (04/07/2012)
> PM okays plan to buy rice (04/07/2012)
> Oil import taxes up, petrol prices down (04/07/2012)
> Gold surges slightly in Vietnam (03/07/2012)