DIC: Explanation for DIC’s profit & loss in 6 months of 2012
DIC Investment and Trading Joint Stock Company (DIC–INTRACO) explained the fluctuation in its profit and loss in the first six months of 2012 compared to the same period of 2011 as follows:
By: VND
Jan - Jun 2012 Jan - Jun 2011 Difference Ratio Net revenue 626,091,753,365 464,423,256,303 161,668,497,062 134.81% Profit after tax 2,849,595,006 10,932,280,691 -8,082,685,685 26.07% - DIC’s net revenue for the first six months of 2012 rose by 34.81% compared to the first half of 2011. However, because of economic difficulties, expenses and cost of goods sold also increased higher than the growth of revenue. That was the main reason making DIC’s profit for the first six months of 2012 lower than the profit in the same period of 2011.
Jan - Jun 2012
Jan - Jun 2011
Difference
Ratio
Net revenue
626,091,753,365
464,423,256,303
161,668,497,062
134.81%
Profit after tax
2,849,595,006
10,932,280,691
-8,082,685,685
26.07%
- DIC’s net revenue for the first six months of 2012 rose by 34.81% compared to the first half of 2011. However, because of economic difficulties, expenses and cost of goods sold also increased higher than the growth of revenue. That was the main reason making DIC’s profit for the first six months of 2012 lower than the profit in the same period of 2011.
HOSE
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