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Enterprise which involved the doubting case of 100 cocaine cakes, reported a sudden profit

Monday - 30/07/2018 21:01
Pomina Steel saw a second-quarter profit of 164 billion dong, up nearly three times compared to the same period last year.
Pomina Steel Joint Stock Company (POM) reported net revenue increased 52% y / y to approx. VND 3,600 billion. In particular, revenue from the domestic market accounted for about 81%.

Gross profit margin improved to 7% thanks to lower cost of goods sold. Although the cost of finance, sales and corporate management increased, but the business results of the business still impressive growth. Profit after tax reached 164 billion, up nearly three times compared to the same period last year.
Accumulated net revenue and net profit after tax for the first half of this year reached VND6,636 billion and VND374 billion respectively, up 30% and 41% respectively. Pomina Steel said that the two main factors affecting the operation of the company is the cost of production is decreasing and the real estate market exciting to help the subsidiaries are profitable.

Total assets of the enterprise as of the end of the second quarter was VND8,206 billion, up nearly 600 billion compared to the beginning of the year. Total liabilities are VND 4,460 billion, of which most are borrowings and short-term financial liabilities.

Last week, Pomina Steel issued a written explanation to the Ho Chi Minh City Stock Exchange about the case of 100 cocaine worth about VND 800 billion and containerized cargo of its subsidiary which owns 99.5% of the capital. share.

Do Xuan Chieu - Chairman of Pomina Steel said that the company signed a contract with Singapore-based Stamcorp International Pte Ltd to buy scrap steel as a raw material for production.

After the ship of Mark Shenzhen (Liberia) carrying 355 tons of goods worth a total of about 3 billion VND to Tan Cang Cai Mep - Thi Vai port on the afternoon of July 24, the customs of Ba Ria - Vung Tau province checked. Detect prohibited shipments. The shipment of 17 containers was shipped on board by Vernygora (Ukraine) as captain of the port of Trinidad and Tobago two months ago. Then, the ship docked in Panama and stayed for half a month and departed for China on 15 July.

When conducting inspections, shipments containing prohibited goods are detected early on because they have many distinct features in terms of seals and bill of lading. Currently, the goods are still held by the authorities to serve the investigation.
Theo Phương Đông

Source: vnexpress.net - Translated by Cophieuviet.com

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