PXL reports profit of 20m dong in Q1

The Idico Petroleum Trading Construction Investment Joint Stock Co (coded PXL) has reported gaining Q1 net revenue of 51 billion dong, declining by 15 percent against the same period last year, and consolidated profit of 2.3 billion dong, down 10 percent.

The financial revenue dropped while financial costs surged, meanwhile the sales costs and management costs declined slightly year-on-year, resulting in the company’s Q1 profit of over 20 million dong only, in comparison with that of Q1 last year at 1.5 billion dong.

 

Category: Business