Thursday, 08/11/2012 15:50

VST: Explanation for consolidated business result in Quarter 3/2012

Vietnam Sea Transport and Chartering Joint Stock Company (VITRANSCHART JSC) has announced explanation for business result in quarter 3/2012 as follows:

By: VND million

Item

Quarter 3/2012

Quarter 3/2011

Difference

amount

%

Net revenue

359,313

507,632

(148,319)

(29%)

In which: parent company

266,888

389,082

(122,194)

(31%)

Total profit after tax

(52,596)

(107)

(52,489)

 

In which: parent company

(54,937)

(2,614)

(52,323)

 

-         Consolidated business result in Quarter 3/2012, loss was VND52 billion, decreasing compared to in Quarter 3/2011.

-         In Quarter 3/2011, the parent company only lost VND107 million thanks to the profit from selling the ship Phuong Dong 3.

-         The company mainly attributed the heavier loss in Q3/2012 to a 19% on year falling BHSI.

-         In Quarter 3/2012, profit from subsidiaries was VND2.341 billion, decreasing VND166 billion compared to in Quarter 3/2011.

HOSE

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