Sai Son Cement’s profit falls to US$29,030 in the third quarter of 2015

Byszheng

Updated Fri, 23 Oct 2015 11:07:33 GMT

Sai Son Cement JSC made a US$29,030 net profit in the third quarter of 2015, down from US$323,064 in the same period of 2014 due to a fall in revenue and higher costs of goods sold. Its net revenue fell to US$3.22m in the third quarter from US$3.49m in the 2014 quarter. Gross profit fell to US$296,142 from US$708,946 in 2014.

In the first nine months of 2015, Sai Son Cement made US$206,402 of net profit on US$10.5m net revenue, compared to US$690,998 of net profit on US$10.1m net revenue in the same period of 2014.