PSG: Posts 32.23b dong Consolidated Net Loss in Q2/2012
Saigon Petroleum Construction and Investment JSC (PSG) reported consolidated net loss of VND32.23 billion in Q2/2012 from VND1.23 billion net profit in Q2/2011. The firm said in its financial statement posted in its website.
The firm’s revenues slumped by 86 percent on year to VND31.72 billion in Q2/2012 from VND221.9 billion a year ago.
Of note, the firm’s financial revenues in Q2/2012 dropped by 96 percent on year to VND80 million in Q2/2012 from VND1.89 billion in Q2/2011 while financial expenses rose by 246 percent on year in Q2/2012 to VND15.76 billion from VND6.41 billion a year ago.
The company had total VND1.33 trillion assets by June 30, 2012, versus VND1.52 trillion at January 1st, 2012.
The firm also posted earnings per share (EPS) at – VND921/share in Q2/2012, compared with VND35/share in Q2/2011.
In H1/2012, the firm made VND64.21 billion net loss on VND45.64 billion revenues, compared with VND7.09 billion net profit on VND372.29 billion revenues in H1/2011.
As of 10:52 am today, PSG hit ceiling at VND2,900/share or up 3.57 percent. Trailing P/E was -2.50. The StoxPlus data showed.
Category: Business
