|
CCL: Explanation for business result in Quarter 2/2012 Cuu Long Petro Urban Development and Investment Corporation explained the decrease in profit after tax of Quarter 2/2012 compared to Quarter 2/2011 as follows:
By: VND
|
|
|
Quarter
2/2012
|
Quarter
2/2011
|
Ratio
|
|
1
|
Total
revenue
|
9,135,480,229
|
13,136,257,637
|
69.54%
|
|
2
|
Total
expense
|
7,854,791,472
|
10,703,669,299
|
73.38%
|
|
3
|
Profit
before tax
|
1,280,688,757
|
2,432,588,338
|
52.65%
|
|
4
|
Profit
after tax
|
1,137,648,001
|
2,026,522,665
|
56.14%
|
-
Reason:
Because of difficulties in local agricultural production and aquaculture, CCl’s
revenue in Quarter 2/2012 decreased compared to the same period of 2011, while
total expense increased more sharply than Quarter 2/011. Therefore, CCl’s
profit in Quarter 2/2012 lost 43.86% compared to Quarter 2/2011.
HOSE
|
