Tuesday, 27/11/2012 16:52

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%.

HOSE

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