OGC: Explanation for consolidated business results in the quarter 2/2012 Ocean Group., JSC has explained consolidated profit decreased over 10% in quarter 2/2012 compared to in quarter 2/2011 as follows:
Items
|
Quarter 2/2012
|
Quarter 2/2011
|
Difference
|
VND
|
%
|
Net revenue
|
56,253,138,275
|
110,327,473,701
|
(54,074,335,426)
|
-49%
|
Other profit
|
2,608,775,542
|
(930,009,817)
|
3,538,785,359
|
381%
|
Profit or loss in joint venture
|
22,004,190,371
|
23,198,278,536
|
(1,194,088,165)
|
-5%
|
Profit before tax
|
80,866,104,188
|
132,595,742,420
|
(51,729,638,232)
|
-39%
|
Current corporate income tax
expenses
|
34,584,440,134
|
26,901,372,193
|
7,683,067,941
|
29%
|
Deferred corporation income tax expenses
|
953,972,487
|
|
953,972,487
|
|
Profit after tax
|
45,327,691,567
|
105,694,370,227
|
(60,366,678,660)
|
-57%
|
-
Profit after tax in Quarter 2/2012 was
VND45,327,691,567, decreasing VND60,366,678,660 (57%) compared to in Quarter
2/2011. Mainly because: +
Financial expenses increased
VND124,809,709,421 because financial expenses of subsidiaries
rose. +
Selling expenses went up VND5,85,660,949.
HOSE
|