NGOPREXCO: Earns VND548 million in the 1st quarter

In the 1st quarter, Ngo Quyen Processing Export JSC reported thet the company’s net sales hit VND 37.5 billion, up 37.8% against the same period of last year.

The accumulated profit was VND3.7 billion, up 40.4% year on year.

Although the income from financial activities accelerated from VND197 million to VND1.6 billion, the cost also increased correspondingly from VND380 million to VND2.5 billion (including VND1.5 billion of loan interest). The net profit hit only VND607 million.

In the first quarter 2010, NGOPREXCO saw 26.6% year on year increase in after-tax profit to VND548 million only
The company’s earning per share hit VND457/share in 1st quarter/2011. HNX
Source: Vietfish INternational

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