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Thursday, 06/09/2012 17:40

SDB: Explanation for the change of over 10% in consolidated operating result in QII.2012 compared to QII.2011

            According to the Consolidated Financial Statement Quarter II/2012, profit after tax of Quarter II/2010 decreased by 407.53% year on year.  Song Da 207 Joint Stock Company explained the decrease in consolidated operating result in Quarter II/2012 as follows:

Profit after tax in QII/2011: - VND 2,094,218,063

Profit after tax in QII/2012: - VND 10,628,716,189

Reason for the decrease:

- Selling revenue in QII/2012 decreased by 25.79% year on year.

- Management expenses and financial expenses/ net revenue increased by 9.97%.

- Cost of goods sold/net revenue increased by 9.33%.

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