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STT: Explanation for business result in quarter 2.2012 (consolidated) Saigontourist Transport Corporation has explained the consolidated business results in Quarter 2/2012 compared to Quarter 2/2011 as follows:
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Profit
after tax in Quarter 2/2012:
35,098,607 dongs -
Profit
after tax in Quarter 2/2011: 478,258,016 dongs -
Decreased:
443,159,409 dongs
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Term
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Sales
in Quarter 2/2012
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Sales
in Quarter 2/2011
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Difference
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Net
revenue
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26,443,957,350
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24,237,212,381
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2,206,744,969
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Profit
before tax
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179,862,546
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466,059,432
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(286,196,886)
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Profit
after tax
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35,098,607
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478,258,016
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(443,159,409)
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-
Net
revenue in Quarter 2/2012 was less than Quarter 2/2011 because: +
Revenue
from event organization services was 1,203,480,948 dongs. Revenue from outbound
services increased 1,296,674,256 dongs from Quarter 2/2011. Revenue from sales
and services of Sai Gon Tourism Trading One-member Co., Ltd rose but
profit after tax went down because severe competition from tourism services. +
Revenue
in Quarter 2/2012 from Long Van Co., Ltd decreased 287,003,766 dongs from
Quarter 2/2011 leading the company’s profit after tax went down.
HOSE
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