DXV: Explanation for business result in Q3/2013
Da Nang Contruction Building Materials Vicem Joint Stock Company (COXIVA) explained the fluctuation in revenue and profit between Quarter 3/2013 and Quarter 3/2012:
Unit Quarter 3/2013 Quarter 3/2012 Comparison (%) Selling volume - Cement ton 88,752 88,628 100% - Brick unit 8,971,000 9,467,485 95% - Packaging unit 7,255,000 5,677,100 128% Revenue million dongs 157,655 150,786 105% Cost of goods sold million dongs 155,432 146,749 106% Profit before tax million dongs 1.247 1.641 76.00% - Profit in Quarter 3/2013 was lower than one in Quarter 3/2012 because of the following reasons: + Revenue in Quarter 3.2013 increased 5% compared to Quarter 3.2012, Cost of goods sold increased 6% compared to the same period of last year.
Unit
Quarter 3/2013
Quarter 3/2012
Comparison (%)
Selling volume
- Cement
ton
88,752
88,628
100%
- Brick
unit
8,971,000
9,467,485
95%
- Packaging
7,255,000
5,677,100
128%
Revenue
million dongs
157,655
150,786
105%
Cost of goods sold
155,432
146,749
106%
Profit before tax
1.247
1.641
76.00%
- Profit in Quarter 3/2013 was lower than one in Quarter 3/2012 because of the following reasons:
+ Revenue in Quarter 3.2013 increased 5% compared to Quarter 3.2012, Cost of goods sold increased 6% compared to the same period of last year.
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