VST suffers loss of 21.12b dong in Q1

Vietnam Sea Transport & Chartering Joint Stock Co (coded VST) has reported gaining Q1 net revenue of 323.56 billion dong, dropping by 21.56 percent against the same period last year, of which the revenue gained from transportation services counted for 294.36 billion dong, down 22.8 percent year-on-year.

The financial revenue plunged sharply to 3.7 billion dong while the financial costs dropped 36.3 percent to47.8 billion dong.

After deducting the costs, the company suffered after tax loss of 21.12 billion dong in Q1, in comparison with the profit of 3.837 billion dong in Q1 of 2011.

 

Category: Business