DXV: Explanation for Q4.2012 business result
Da Nang Contruction Building Materials Vicem Joint Stock Company (COXIVA) explained the fluctuation in profit before tax in Quarter 4/2012 compared to Quarter 4/2011:
Unit Quarter 4/2012 Quarter 4/2011 Comparison (%) Selling production - Cement Ton 78,050 78,949 99% - Brick Brick 7,527,760 9,503,715 79% - Packaging Pack 5,010,800 6,187,683 81% Revenue Million dongs 133,173 145,971 91% Cost of goods sold Million dongs 132,133 144,464 91% Profit before tax Million dongs 51 2,519 2% DXV’s profit in Quarter 4/2012 was equal to 98 percent of profit in Quarter 4/2011 because of the following reasons: - The selling production of all products in Quarter 4/2012 decreased, so revenue decreased 9 percent compared to Quarter 4/2011. - Sales production decreased and expenses increased in loading and unloading cement in Quarter 4.2012. Profit in Quarter 4.2012 decreased sharply.
Unit
Quarter 4/2012
Quarter 4/2011
Comparison (%)
Selling production
- Cement
Ton
78,050
78,949
99%
- Brick
Brick
7,527,760
9,503,715
79%
- Packaging
Pack
5,010,800
6,187,683
81%
Revenue
Million dongs
133,173
145,971
91%
Cost of goods sold
132,133
144,464
Profit before tax
51
2,519
2%
DXV’s profit in Quarter 4/2012 was equal to 98 percent of profit in Quarter 4/2011 because of the following reasons:
- The selling production of all products in Quarter 4/2012 decreased, so revenue decreased 9 percent compared to Quarter 4/2011.
- Sales production decreased and expenses increased in loading and unloading cement in Quarter 4.2012. Profit in Quarter 4.2012 decreased sharply.
HOSE
> DDM: The Record Date for Annual General Meeting 2012 (27/02/2013)
> UIC: The Record Date for Annual General Meeting 2013 (27/02/2013)
> VFMVF4: NAV from 14 Feb 2013 to 21 Feb 2013 (27/02/2013)
> VFMVFA: NAV from 14 Feb 2013 to 21 Feb 2013 (27/02/2013)
> BIC: The Record Date for Annual General Meeting 2013 (27/02/2013)
> DHT: Explanation for the change of over 10% in operating result in QIV.2012 compared to QIV.2011 (27/02/2013)
> OCH: Financial Statement Quarter 4/2012 (26/02/2013)
> OCH: Financial Statement Quarter 4/2012 (holding company) (26/02/2013)
> PPG: Financial Statement Quarter 4/2012 (26/02/2013)
> PRC: Financial Statement FY 2012 (26/02/2013)