VIP: Explanation for business result in Q2/2012
Viet Nam Petroleum Transport Joint Stock Company has explained the fluctuation in business result in the parent company’s Quarter 2/2012 financial statements compared to Quarter 2/2011:
Quarter 2/2011 (VND) Quarter 2/2012 (VND) Difference (VND) Ratio (%) Profit after tax 53,648,354,710 23,278,841,235 30,369,513,475 56.6 - The parent company’s profit after tax in Quarter 2/2012 was lower than the profit in the same period of 2011 because: + In Quarter 2/2012, tanker Petrolimex 15 had to stop operations for 26 days (including 10 days of repair), so revenue and profit from transport decreased. + In Quarter 2/2011, VIP gained a profit of VND41,108,812,223 from subsidiaries, so its financial income increased.
Quarter 2/2011 (VND)
Quarter 2/2012 (VND)
Difference (VND)
Ratio (%)
Profit after tax
53,648,354,710
23,278,841,235
30,369,513,475
56.6
- The parent company’s profit after tax in Quarter 2/2012 was lower than the profit in the same period of 2011 because:
+ In Quarter 2/2012, tanker Petrolimex 15 had to stop operations for 26 days (including 10 days of repair), so revenue and profit from transport decreased.
+ In Quarter 2/2011, VIP gained a profit of VND41,108,812,223 from subsidiaries, so its financial income increased.
HOSE
> Kim Eng Viet Nam Securities JSC: Amendment Establishment Decision of Phu Nhuan Branch (27/07/2012)
> BVSC: Explanation for business result in Q2/2012 (27/07/2012)
> GTT: Explanation for profit in Quarter 2.2012 (27/07/2012)
> ELC: Explanation for business results in quarter 2/2012 (27/07/2012)
> SD7: Financial Statement Quarter 2_2012 _holding company (27/07/2012)
> SDU: Financial Statement Quarter 2_2012 (27/07/2012)
> SDH: Financial Statement Quarter 2_2012 _holding company (27/07/2012)
> SDB: Financial Statement Quarter 2_2012 _holding company (27/07/2012)
> SD9: Financial Statement Quarter 2_2012 _holding company (27/07/2012)
> SCJ: Financial Statement Quarter 2_2012 (27/07/2012)