Number of profit gainers in Q2 surges 2.5pct from Q1: tax agency

As reported by general Department of Taxation, tax payment declaration of enterprises in the second quarter of 2012 showed that the number of pre-tax profit gainers increased 2.5 percent from the first quarter of 2012, of which, state-owned enterprises (SOEs) saw a rise of 5.8 percent quarter on quarter.

The tax agency said that the in the first seven months of this year, the total number of newly-established companies was 46,818, including 42,349 non-state firms.

The total number of firms suspending operations as of the end of July 2012 was 20,741 (the figure by the end of June was 21,678).

Notably, in July, as many as 937 enterprises have resumed operations, mainly non-state firms, which showed that the operation situation of businesses had more satisfactory signals.

Earlier, according to the report at the regular cabinet meeting in July, from early this year till July 20, 2012, the country had nearly 40,000 newly formed enterprises with a total registered capital of more than 247.2 trillion dong, down 12.7 percent in volume and 11.6 percent in capital over the same period last year.

Also in July, some 30,300 enterprises suffered dissolution and closure, rising 6.4 percent year-on-year.

 

Category: Business