ABT completed 58 percent of the year's targeted after-tax profit
(vasep.com.vn) Ben Tre Aquaproduct Import and Export JSC. (AQUATEX BENTRE, HOSE: ABT) posted its net profit of VND20.55 billion in Q.II/2014, up 17 percent year on year.
Although the company's net revenue declined by 13 percent to VND123 billion, its financial income hit VND3.56 billion, sales cost and management cost decreased 30 percent and 9 percent, respectively. Therefore, there was a rise in net profit in the period.
Through June 2014, ABT gained VND218 billion of net revenue, down 23 percent year on year. The after-tax profit increased by 37 percent to VND43 billion, fulfilling 58 percent of the year's target. EPS was VND3.745/share.
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