Monday, 30/07/2012 14:23

VSC: Explanation for business result in Q2.2012

Vietnam Container Shipping Joint Stock Company has explained 10% fluctuation between Quarter 2.2012 and Quarter 2.2011 as follows:

                                                                                                                                    By: VND

Item

Quarter 2.2011

Quarter 2.2012

Difference

Difference ratio (%)

Profit after tax

7,081,362,964

8,898,134,758

1,816,771,794

25.66%

-         Mainly reason: Quarter 2.2012, the company refunded a part of provision for value diminution of investment to buy shares of Dinh Vu Petroleum Service Port JSC. (PSP) and this made profit increased 6,725,000,000 dongs. However, in Quarter 2.2012, the company did not have a profit from selling GS01 ship and container covers as Quarter 2.2011. So, Profit after tax in Quarter 2.2012 increased 1,816,771,794 dongs (or 25.66%).

HOSE

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