Jewellery producer fulfils 89pct of year plan with 220.7b dong of profit

Phu Nhuan Jewellery Joint Stock Co (coded PNJ) announced to gain Q4 after tax profit of 34 billion dong, dropping by 28.8 percent year-on-year, raising the accumulative profit to 220.7 billion dong, fulfilling 89 percent of the year plan of 89 percent and EPS of 3,679 dong, up 8 percent against the previous year

In details, the company posted net revenue in Q4 at 2.781 trillion dong, increasing by 31 percent compared to that of last year, of which the principal sales cost counted for 2.641 trillion dong, resulting in combined profit of 139.7 billion dong.

In the last three months of 2010, the company's sales cost increased by 69 percent to 88.6 billion dong, enterprise management cost up 43 percent to 28.6 billion dong, but after tax profit slumped by 28.8 percent to 34 billion dong and EPS at 571 dong.
From: http://www.intellasia.net

Accumulatively, the company's net revenue was estimated at 13.752 trillion dong, an increase of 34 percent year-on-year, after tax profit of 220.7 billion dong, up 8 percent and fulfilling 89 percent of the year plan and EPS of 3,679 dong.

Posted in: Business