DXV: Explanation for Q3/2012 business result
Da Nang Contruction Building Materials Vicem Joint Stock Company (COXIVA) explained the fluctuation in profit before tax in Quarter 3/2012 compared to Quarter 3/2011:
Unit Quarter 3/2012 Quarter 3/2011 Comparison (%) Selling production - Cement Ton ,627 80,273 110% - Brick Brick 9,467,485 12,035,793 79% - Packaging Pack 5,677,100 5,447,600 104% Revenue Million dongs 150,785 146,491 103% Cost of goods sold Million dongs 146,749 143,646 102% Profit before tax Million dongs 1,641 2,034 81% DXV’s profit in Quarter 3/2012 was les than in Quarter 3/2011 because of the following reasons: - The selling production of all products in Quarter 3/2011 increased, so revenue increased 3 percent compared to Quarter 3/2012 and cost of goods sold increased 2%.
Unit
Quarter 3/2012
Quarter 3/2011
Comparison (%)
Selling production
- Cement
Ton
,627
80,273
110%
- Brick
Brick
9,467,485
12,035,793
79%
- Packaging
Pack
5,677,100
5,447,600
104%
Revenue
Million dongs
150,785
146,491
103%
Cost of goods sold
146,749
143,646
102%
Profit before tax
1,641
2,034
81%
DXV’s profit in Quarter 3/2012 was les than in Quarter 3/2011 because of the following reasons:
- The selling production of all products in Quarter 3/2011 increased, so revenue increased 3 percent compared to Quarter 3/2012 and cost of goods sold increased 2%.
HOSE
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