Fisheries firm Aquatex Ben Tre releases audited fiscal report

Ben Tre Fisheries Import Export Joint Stock Co (Aquatex-coded ABT) only reached 24.13 billion dong in revenue according to the audited report of Q4 of 2008, decreasing by 21.1 billion dong against the previously reported figure 45.24 billion dong because the company set aside over 21.15 billion dong in a provisional fund.

In the last three-months of 2008, Aquatex’s after-tax profit was reduced from 41.55 billion dong down to 22.58 billion dong (recorded in the audited report), meaning that its EPS declined from 5,619 dong to 3,054 dong.

Thus, total financial expenses of Aquatex in 2008 was 81.3 billion dong, of which 66.9 billion dong was deducted for the whole year’s financial risk prevention fund, 6.9 billion dong for forex rate difference and four billion dong for loan rates.

Yesterday ABT fell 1,500 dong or 4.9% from the previous session to 29,400 dong per share with a trading volume of 36,300 shares being transferred.

 

Category: Business