Dien Hong Printing Joint Stock Co (coded DHI) released the Q1 financial reports with net revenue of 2.9 billion dong and loss of 428 million dong.
In details, the company’s total net revenue was posted at 2.9 billion dong, declining by 40.8 percent against the same period last year. The principal sales price surged to 3.57 billion dong, resulting in consolidated profit of negative 654.8 million dong.
After deducting the costs, the company suffered net loss of 1.04 billion dong.
This is the fifth consecutive quarter that the company reported incurring loss. Therefore, the Hochiminh Stock Exchange (STC) has recently put DHI-coded shares in to the warning list from March 1, 2012 due to negative business results in 2011.