PC3-Investment JSC (PIC) discloses its financial statements for the third quarter ended on September 30, 2016.
The company said it made VND2.5 billion net profit in July - September 2016 period, up 38% from VND1.8 billion net profit in the same period of 2015.
The company collected VND9.2 billion net revenue in Q3/2016, down 4% on year, which PIC attributed to unfavourable weather condition. Gross profit was at VND3.8 billion in Q3/2016, down 6% on year.
Of note, administrative expenses halved in Q3/2016, to VND642 million.
In January - September 2016 period, PIC earned VND13.7 billion net profit on VND31.6 billion net revenue, down 24% and down 19% on year, respectively.
Total assets rose to VND493 billion as of September 30, 2016 from VND415 billion as of January 1, 2016.