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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:
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Items
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Quarter 2/2012
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Quarter 2/2011
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Difference
|
|
VND
|
%
|
|
Net revenue
|
56,253,138,275
|
110,327,473,701
|
(54,074,335,426)
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-49%
|
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Other profit
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2,608,775,542
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(930,009,817)
|
3,538,785,359
|
381%
|
|
Profit or loss in joint venture
|
22,004,190,371
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23,198,278,536
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(1,194,088,165)
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-5%
|
|
Profit before tax
|
80,866,104,188
|
132,595,742,420
|
(51,729,638,232)
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-39%
|
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Current corporate income tax
expenses
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34,584,440,134
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26,901,372,193
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7,683,067,941
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29%
|
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Deferred corporation income tax expenses
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953,972,487
|
|
953,972,487
|
|
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Profit after tax
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45,327,691,567
|
105,694,370,227
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(60,366,678,660)
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-57%
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-
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
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