Wednesday, June 26, 2013
The business of the likely finishing soon
Season announced second quarter financial report and the first 6 months of the year is approaching. DN promises to achieve positive business results.
Finishing soon
The DN-profit officials early years often based on two factors, or put a business plan is very low, or companies recorded profits surge.
Compared with planned 39 billion profit corporation that shares oil and gas transport (PVT) was laid out in 2013, then up to the present time, PVT has far exceeded this level. Of these, only the end you I/2013, net profit reached 52 billion PVT. PVT profit surge mainly due to the difference of recognition rates (over 33 billion).
Pha Lai Thermal Power Corporation (PPC) in recent times is a lot of interest by investors profits "terrorist". Talking to ĐTCK, The Son Le, PPC chief accountant said II/2013 quarter, estimated PPC recorded profits of 300 billion to 400 billion. In particular, contributed to the profit of the Company, in addition to the main business activity is the production and consumption of electricity, the company continues to record exchange differences. Thus, by the end of 6 months, PPC profits recorded 1,200 billion. He says that in the second quarter, the company's units were operating at maximum capacity, making profits from electricity production rose sharply in this period compared to the same period last year. As of quarter I/2013, PPC profit after tax of 944 billion to 811 billion increase over the same period and exceeded the plan year (447.2 billion profit before tax).
On the track to the finish
Besides a number of companies have hit the target before maturity due to many factors DN mutation pretty much reached "oversold" than planned.
As in the first 8 months of fiscal year 2012-2013 (from 10/2012 to March 5/2013), JSC Hoa Sen Group (HSG) exports reached 180 863 tonnes, with 79% of the plan; Revenue 7542.5 billion, nearly 69% of the plan and profit after tax 513.3 billion, 128.3% of the plan. HSG is approaching 10.000 billion revenue milestone and will strive to achieve 2014 sales of 12,000 billion.
First 6 months of 2013, CNG Vietnam Joint Stock Company (CNG) sales of 461.26 billion, with 53% of the yearly plan and profit after tax was 67.04 billion, with 56% of the plan. According CNG leadership, business results in the first 2 quarters of the basis for the Company to fulfill the annual plan. However, to achieve that goal, the company must ensure stable gas supply for the old customers and accelerate the gas to customers. The company also aims to profit at least 6 months of the year reached 55.22 billion to complete the business plan has been shareholders' approval.
Total Fertilizer and Chemical Joint Petroleum (DPM) is a typical case of maintaining the growth momentum in the business for many years. The company also has business results rather satisfactory in the first 6 months of 6070 with revenues of billion, with 57% of the plan year and net profit reached 1.368 billion, with 71% of the plan. Last year, DPM surpassed the target before the end of the first 9 months of the year and the company is also aiming this year. Many predicted that the DPM will complete a business plan in 2013 with total consolidated revenue of 10,710 billion and profit after tax 1,915 billion is feasible.
Talking to ĐTCK, Nguyen Si Thang, Chairman of JSC Southern Gas (PGS), said the company currently does not have specific numbers, but it can be stated, in the first 6 months, the company has completed over 50% of all revenue targets and profitability (2013, PGS plans to merge business with 6,204 billion in revenue, 209 billion profit). Thang said operating CNG products in 6 months despite having some difficulties because input prices rose sharply, but in return, CNG consumption in the first months of the year compared with the same period increased last year, helped the company maintain revenue stability.
Drilling and Well Services Joint Stock Corporation Drilling (PVD) also said that this year, will strive to exceed at least 200 billion compared to full-year profit plan. The profit after tax for the whole year the company is striving to reach 1,700 billion, while the plan is 1,300 billion. Finish the first 6 months, the company is estimated at over 800 billion profit.
Vietnam Gas Corporation - PV Gas (GAS) also said that this year, the company strives to exceed profit plans 7,693 billion. Besides ensuring production and consumption, the company aims to provide products at a maximum gas capacity for the household and with the unit members to meet over 60% needs of customers across the country.
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