LBM: Explanation for consolidated business result in Quarter 2/2012
Lam Dong Mineral and Building Material Joint Stock Company explained the fluctuation in consolidated business result of Quarter 2/2012 and Quarter 2/2011 according to the consolidated financial statements:
Unit: VND thousand
No. Item Quarter II/2012 Quarter II/2011 Comparison 1 Revenue 54,837,235 58,227,679 94.17% 2 Profit after tax 4,092,538 6,379,227 64.15% - Revenue in Quarter 2/2012 was VND54.837 billion, decreasing by 5.83% compared to VND58.227 billion in Quarter 2/2011, and profit in Quarter 2/2012 was VND4.092 billion decreased by 35.85% compared to VND6.379 billion in Quarter 2/2011. In which: + Revenue of subsidiary ( Hiep Tien kaolin enterprise) in Quarter 2/2012 was VND7.961 billion decreased by 63.57% compared to VND12.523 billion in Quarter 2/2011. Profit in Quarter 2/2012 was VND1.272 billion decreased by 58.37% compared to VND2.179 billion in Quarter 2/2011.+ Profit of subsidiary (Hiep Thanh Joint Stock Company in Quarter 2/2012 was VND1.106 billion decreasing 49.39% compared to VND2.239 billion in Quarter 2/2011.+ , because of the increase in revenue and profit from kaolin and bricks
No.
Item
Quarter II/2012
Quarter II/2011
Comparison
1
Revenue
54,837,235
58,227,679
94.17%
2
Profit after tax
4,092,538
6,379,227
64.15%
- Revenue in Quarter 2/2012 was VND54.837 billion, decreasing by 5.83% compared to VND58.227 billion in Quarter 2/2011, and profit in Quarter 2/2012 was VND4.092 billion decreased by 35.85% compared to VND6.379 billion in Quarter 2/2011. In which:
+ Revenue of subsidiary ( Hiep Tien kaolin enterprise) in Quarter 2/2012 was VND7.961 billion decreased by 63.57% compared to VND12.523 billion in Quarter 2/2011. Profit in Quarter 2/2012 was VND1.272 billion decreased by 58.37% compared to VND2.179 billion in Quarter 2/2011.
+ Profit of subsidiary (Hiep Thanh Joint Stock Company in Quarter 2/2012 was VND1.106 billion decreasing 49.39% compared to VND2.239 billion in Quarter 2/2011.
+ , because of the increase in revenue and profit from kaolin and bricks
HOSE
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