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HVX: Explanation for business result in Q3.2012 Hai Van Cement Joint Stock Company has given reasons causing the fluctuation in profit between Quarter 3.2012 and Quarter 3.2011:
Unit: VND
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Quarter 3.2012
(VND)
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Quarter 3.2011
(VND)
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Difference
%
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Total
revenue
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191,905,827,792
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134,434,432,501
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143
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Total
expenses
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184,122,617,549
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131,226,869,601
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140
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Profit
before tax
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7,783,210,243
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3,207,562,900
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243
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Profit
after tax
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5,831,632,682
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2,405,672,175
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242
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-
In
Quarter 3.2012, total revenue increased 57,141 billion dongs compared to
Quarter 3.2011 but total expenses only increased 52,895 billion dongs.
Therefore, profit after tax in Quarter 3.2012 was 5,831 billion dongs,
increasing 142% compared to the same period of last year. -
Reason:
Cement sales increased 34% compared to the same period of last year. Production
expenses and management expenses decreased.
HOSE
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