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.
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
4,835,619
7,012,041
69%
Revenue
million dongs
133,362
170,814
78%
Cost of goods sold
130,003
168,140
77%
Profit before tax
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
> STL: Notice of record date for Annual General Meeting of Shareholders 2013 (07/06/2013)
> SRA: Result of 1st AGM 2013 (07/06/2013)
> CTG: The record date for the 2013 AGM (06/06/2013)
> CDC: Information on the 2013 annual general meeting (06/06/2013)
> HDG: Reminded to submit financial statements (06/06/2013)
> CCI: Resolution of AGM 2013 (06/06/2013)
> HTP: Financial Statement Quarter 1/2013 (06/06/2013)
> DL1: Financial Statement Quarter 1/2013 (06/06/2013)
> HHG: Financial Statement Quarter 1/2013 (06/06/2013)
> HPB: Financial Statement Quarter 1/2013 (holding company) (06/06/2013)