SIC reports after tax profit of 1.18b dong in Q1

27-Apr-2012 Intellasia | Dau Tu Chung Khoan | 8:03 AM Print This Post

Song Da Investment and Development Joint Stock Co (coded SIC) have lately released the Q1 financial reports with total revenue of 20.96 billion dong and after tax profit of 1.18 billion dong, declining sharply against the same period last year.

Noticeably, the lending costs in Jan-March period saw sharp surge from 1.86 billion dong in Q1 of 2011 to 8.27 billion dong, or over 4 times higher year-on-year. In Q4 of 2011, the lending costs were posted at 9.42 billion dong.

Up to March 31, 2012, the company’s ownership capital was estimated at 148 billion dong over its chartered capital of 80 billion dong.

The company has current account balance of 15.33 billion dong now.


Category: Business

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