Vietstock.vn – PVFCCo (stock code: DPM) published its consolidated financial report for the 1st quarter 2013 with 704 billion dongs of profit after tax, completing 36.7% of the plan.
Net sales in the first quarter were 2,388.7 billion dongs, increasing 5% compared to the same period in 2012. Due to cost increase, gross profit was around 1,081 billion dongs, corresponding to 37% of gross profit margin.
According to DPM, as the average cost price in this quarter increased 13% compared to the same period last year, costs also increased as a consequence. This time, DPM gained more than 4.4 billion dongs of other profit, increasing 162% compared to the same period.
Thus, after deducting costs, DPM’s net profit was 704.5 billion dongs, completing 36.7% of the plan. Earning per share (EPS) was 1,844 dongs.
On March 31, 2013, DPM’s undistributed profit after tax reached 1,975 billion dongs.
It is known that in 2013, DPM set as target 10,710 billion dongs for total consolidated revenue, 2,120 billion dongs for profit before tax and 1,915 billion dongs for profit after tax.
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