Wednesday, 24/07/2013 16:38

COM: Explanation for business result in Q2.2013

Materials - Petroleum Joint Stock Company (COMECO) explained the fluctuation in business result between Quarter 2.2013 and Quarter 2.2012:

By: VND

 

Quarter 2.2012

Quarter 2.2013

Ratio

Revenue

1,166,152,145,475

1,300,215,655,600

111.5%

Profit before tax

11,575,020,535

8,821,925,700

76.22%

Revenue in Quarter 2.2013 increased 11.50% compared to revenue in Quarter 2.2012 because selling prices of petrol products in Quarter 2.2013 were higher than ones in Quarter 2.2012.

Quarter 2.2013

Quarter 2.2012

95 gas: 23,830 dongs / liter

92 gas: 23,330 dongs / liter

Petroleum: 21,300 dongs / liter

Do 0.25S: 21,250 dongs / liter

Do 0.05S: 21,200 dongs / liter

95 gas: 21,700 dongs / liter

92 gas: 21,200 dongs / liter

Petroleum: 20,050 dongs / liter

Do 0.25S: 20,050 dongs / liter

Do 0.05S: 20,100 dongs / liter

In Quarter 2.2013, profit before tax decreased 23.78% compared to Quarter 2.2012 mainly gross profit/ liter of petrol decreased and the company set up provision for diminution in shares value.

HOSE

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