Friday, 07/06/2013 17:02

DXV: Explanation for business result in Q1/2013

Da Nang Contruction Building Materials Vicem Joint Stock Company (COXIVA) explained the fluctuation in revenue and profit between Quarter 1/2013 and Quarter 1/2012:

 

Unit

Quarter 1/2013

Quarter 1/2012

Comparison (%)

Selling volume

 

 

 

 

 - Cement

ton

80,804

93,727

86%

 - Brick

unit

6,393,335

11,968,337

53%

 - Packaging

unit

4,835,619

7,012,041

69%

Revenue

million dongs

133,362

170,814

78%

Cost of goods sold

million dongs

130,003

168,140

77%

Profit before tax

million dongs

1

2,425

0.06%

-         Profit in Quarter 1/2013 was lower than one in Quarter 1/2012 because of the following reasons:

+         Selling volume of all products of COXIVA in Quarter 1/2013 decreased and was lower than the same period of 2012 because of difficulties of the market.

+         Selling expense, administrative expense, input expense increased compared to Quarter 1/2012. 

HOSE

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