Monday, 10/09/2012 16:33

DIG: Explanation for business results for 6 months of 2012 after review

Development Investment Joint Stock Corporation has explained for business results for the first six months of 2012 after review as follows:

-         Accordingly, Financial statements in 6 months of 2012 after review, profit was VND42,243,991,905, increasing 98.87% compared to the same period of last year, reason:

 

6 months of 2012

6 months of 2011

Different

Revenue

381,339,651,649

288,996,124,322

31.95%

Cost of goods sold

272,441,443,796

187,877,996,992

45.01%

Gross profit

108,898,207,853

101,118,127,330

7.69%

Financial income

20,570,704,485

37,347,725,434

-44.92%

Financial expenses

3,248,384,012

38,816,552,003

-91.63%

In which:

 

 

 

Interest expenses

20,165,799,786

12,874,688,702

56.63%

Reserve for financial investment

-19,459,544,310

25,933,008,526

-175.04%

Profit before tax

54,290,769,372

28,937,515,841

87.61%

Profit after tax

42,243,991,905

21,244,182,613

98.87%

-       Reason:

+        Revenue in 6 months of 2012 rose 31.95% and financial expenses decreased strongly 91.63% ( in which Reserve for financial investment went down 1.75 times compared to the same period of last year).

HOSE

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