Thursday, 06/09/2012 15:29

FBT: Explanation for business result of 6 months of 2012 before & after review

Ben Tre Forestry and Aquaproduct Import Export Joint Stock Company (FAQUIMEX) has explained for business results of 6 months of 2012 before & after review as follows:

-         Accordingly, financial statements of 6 months of 2012.

 

6 months in 2012

6 months in 2011

Different (%)

Revenue from selling and service supply

32,906,153,867

110,263,655,844

-70%

Cost of goods sold

(32,151,364,560)

88,094,377,981

-64%

Financial revenue

215,295,283

5,098,922,934

0%

Financial expenses

(4,411,859,806)

(11,126,552,189)

-60%

In which: interest expenses

(4,411,319,806)

(10,997,000,692)

-60%

Selling expenses

(506,619,730)

(5,496,036,666)

-1084%

General & administration expenses

(3,361,437,111.00)

(2,233,860,635)

50%

Other income

7,159,571,553.00

836,494,947.00

756%

Other expenses

(4,184,846,162)

(5,558,107,127.00)

-25%

Profit before tax

(4,335,106,666)

3,362,619,415

-127%

-         In Quarter 2/2012, price of shrimps decreased leading revenue of 6 months of 2012 went down VND77.357 billion (-70%) compared to the same period of last year.

-         Cost of goods sold decreased VND55.93 billion (-64%), financial expenses decreased VND6.714 billion (-60%), selling expenses decreased VND0.506 billion (-1,084%). General & administration expenses increased VND1.127 billion (50%) compared to the same period of last year.

-         Other income increased because lease increased VND6.323 billion (756%), other expenses decreased VND1.373 (-25%).

-         Therefore, profit before tax went down VND8.025 billion (-217%) compared to the same period of last year.

HOSE

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