IDJ International Financial Investment and Enterprise Development JSC (IDJ) posted VND1.44 billion reviewed net profit in the first 6 months of 2012 from VND4.76 billion net loss a year ago.
The firm’s revenues fell to VND10.3 billion in H1/2012, down 76 percent on year from VND42.9 billion a year ago.
Of note, the firm’s financial revenues were up to VND3.82 billion in H1/2012 from VND986 million a year ago while its financial expenses were up to VND1.97 billion in H1/2012 from VND1.22 billion a year back.
The company also cut its management costs to VND6.72 billion in H1/2012 from VND9.3 billion a year ago.
The company had total VND368.2 billion assets byJune 30, 2012, versus VND361.5 billion at January 1, 2012.
The firm’s EPS was VND44.29/share in H1/2012, compared with – VND146.07/share in H1/2011.
With this business results, HNX announced IDJ International Financial Investment and Enterprise Development JSC (IDJ) shares will be out of warning situation from August 17, 2012.