|
Live Quote:
On
|
|
|
Sunday, June 2, 2024 4:38:02 PM - Markets open
|
|
|
|
|
|
|
SD6: Explanation for the difference in profit of the first 09 months of 2019
HNX - 10/25/2019 9:18:00 AM
(0 ratings. You must sign in to rate.)
On 15/10/2019, Song Da 6 Joint Stock Company explained the difference in profit of the first 09 months of 2019 as follows:
No. |
Targets |
First 09 months of 2018 |
First 09 months of 2019 |
Rate |
A |
B |
1 |
2 |
3 = 2 / 1 |
1 |
Total revenue |
440,898,389,215 |
573,210,295,703 |
130% |
2 |
Total expenses |
430,049,691,259 |
566,791,893,693 |
132% |
3 |
Profit before tax |
10,848,697,956 |
6,418,402,010 |
59% |
4 |
Profit after tax |
8,708,243,062 |
5,073,561,158 |
58% |
Profit after tax of the first 09 months of 2019 decreased by 42% year on year because:
+ In the first 09 months of 2019, large constructions which were being implemented by the Company has been completed and handed over to Investor such as XL2 Bidding Package - Parliament buildings, Huoi Quang Hydropower, Dong Nai 5 Hydropower, Song Cho Hydropower, Xekaman 3 Hydropower and Xekaman 1 – Sanxay Hydropower (Laos). The acceptance activities was slower than expectation, therefore, the value of construction in process was very high. Liabilities waiting for settlement and warranty increased. This caused an impact on resources and increased the financial expenses.
+ During the term, the Company moved resources (machineries) to implement the Dak Mi 2 Hydropower Construction at Quang Nam, therefore, expenses increased.
+ Additionally, the Company mainly implemented bidding constructions which have lower profit margin than appointed-contractor constructions as before.
|
|
|
|
|
|
|
Market Update
Last updated at 3:05:01 PM
|
|
My Favorite Quotes
Your most recently viewed tickers will automatically show up here if you type a ticker in the Get Quotes box on the top of the page.
|
|
|
|
Company Research
Type in the symbol above for thorough background information, key statistics and financial information.
Stock Sectors
|
|
|
|
|
We continuously improve our services, here are the latest updates...
|
Portfolio
|
Allow you to monitor a customised group of securities. You can set up multiple Portfolios to help you better manage your investments.
|
|
Trigger Alerts
|
Get up-to-date alerts delivered directly to your email address.
|
|
Stock Screener
|
Allow you to filter the market and find exactly what sort of company you are looking for.
|
|
Live Terminal
|
Get instant access to FREE REAL-TIME streaming quotes for hundreds of stocks from HOSE, HNX and UPCOM exchanges.
|
|