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BMC's revenue and profit reduce in 2009
09/Feb/2010 Intellasia | Thoi Bao Kinh Te Vietnam page 1
9 Feb, 2010 - 11:00:26 AM
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STC-listed Binh Dinh Mineral Joint Stock Co (coded BMC) announced gaining 2009 pre-tax profit of 27.46 billion dong, down by 46.4 percent year-on-year and profit after tax of 23.36 billion dong, down 50 percent against the previous year and equal to 77.8 percent of the year plan.

Therefore, the company's EPS was posted at 2,828 dong per share, a drop of 59.3 percent against 2008.

Last year, BMC earned total net revenue of 87.3 billion dong, equal to 79.3 percent of the year plan, or falling by 18.5 percent in comparison with 2008, in which the principal costs counted for 51.64 billion dong, and combined profit of 35.66 billion dong, equal to combined profit rate of 40.8 percent.

In Q4 of 2009, the company reported gaining net revenue of 29 billion dong, up 10 percent year-on-year, and pre-tax profit of 8.46 billion dong, down 36.4 percent.

Up to the end of 2009, BMC's total capital source was posted at 153.68 billion dong, in which outstanding debt was 31.53 billion dong, a sharp increase of 315 percent against the same period of last year.





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