VSH: Explanation for business results in QIII/2011

Nov 16th at 17:33
16-11-2011 17:33:49+07:00

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





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