Vietnam Cement firm SDG net profit falls 37% in Jan-Sept
Sadico Cantho JSC (SDG), listed on the Hanoi Stock Exchange, said it made a net profit of VND12.13bn (US$581,400) in the first nine months of this year, falling 37% from a year earlier and meeting 75% of its full-year target.
Revenues rose 17% on year to VND198.37bn during Jan-Sept, fulfilling 99% of its plan for 2011, it said in a quarterly financial report.
Its financial costs increased 3.3% on year to VND8.6bn.
The nine-month earnings per share was VND1866, down 37% on year.
SDG earned a net profit of VND4.5bn on revenues of VND65.7bn in the third quarter.
Published under Cement News
