VSH: Explanation for business results in QIII/2011
VSH: Explanation for business results in QIII/2011
Vinh Son - Song Hinh Hydropower JSC (HOSE: VSH) has explained business results in QIII/2011 beside QIII/2010 as follows:
Items |
Unit |
QIII/2010 |
QIII/2011 |
+/- Change |
% Change |
1. Electric production: |
|
|
|
|
|
- Production |
Million Kwh |
161.09 |
168.33 |
+7.24 |
+4.49 |
- Revenue |
Billion dongs |
69.00 |
72.10 |
+3.10 |
+4.49 |
- Expenses |
Billion dongs |
48.95 |
40.79 |
+8.16 |
-16.67 |
- Profit |
Billion dongs |
20.05 |
31.31 |
+11.26 |
+56.16 |
2. Financial items |
|
|
|
|
|
- Financial incomes |
Billion dongs |
29.69 |
32.09 |
+2.4 |
+8.08 |
- Financial expenses |
Billion dongs |
13.30 |
4.62 |
+8.68 |
-65.26 |
- Profit |
Billion dongs |
16.39 |
27.47 |
+11.08 |
+67.60 |
3. Others |
|
|
|
|
|
- Other revenue |
Billion dongs |
0.17 |
0.11 |
-0.06 |
-35.29 |
- Other expenses |
Billion dongs |
0.03 |
0.01 |
-0.02 |
-66.66 |
- Profit |
Billion dongs |
0.14 |
0.10 |
-0.04 |
-28.57 |
4. Total profit before tax |
Billion dongs |
36.60 |
58.88 |
+22.28 |
+60.87 |
5. Total profit after tax |
Billion dongs |
23.71 |
56.87 |
+33.16 |
+139.85 |
Profit after tax in QIII/2011 increased 33.16 billion dongs (139.85%) compared with profit after tax in QIII/2010 because the reason as following:
+ Expenses of electric product decreased because deductions decreased
+ Financial expenses decreased because difference exchange rate decreased.
HOSE