Coal producer earns Q4 profit after tax of 33.42b dong

25-Feb-2010 Intellasia | 24/Feb/2010 CafeF | 5:03 PM Print This Post

Deo Nai Coal Joint Stock Co (coded TDN) announced the business results in Q4 and the whole year of 2009.

The company’s Q4 revenue from the financial investment activities was posted at 6.126 billion dong, while the accumulative revenue in the first three quarters in this sector was 463 million dong.
The revenue gained from other profits counted for 65.59 percent of the total profits in 2009.

In 2009, TDN’s accumulative revenue was estimated at over 1.582 trillion dong, up 2 percent against the same period of last year because the increase in principal costs counted for 88.74 percent of the sales revenue. Last year, the ratio of principal price over revenue was 84.9 percent. Therefore, the company reported to reach 2009 after tax profit of 48.84 billion dong, decreasing by 30 percent against that of 2008 of 69.73 billion dong.

 


Category: Business

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