Saigon Petroleum Construction and Investment JSC (PSG) posted a consoldiated net loss of VND1 billion in 2011 verus a net profit of VND32 billion in 2010, the firm said in its financial statements posted on HNX’s website.
The company’s consolidated revenue reached VND912.8 billion last year, higher than VND848.8 billion in the previous year.
In Q4/2011, PSG suffered VND11.6 billion net loss on VND417.9 billion revenue, compared to VND14.5 billion net profit and VND244.4 billion revenue a year back, respectively.
The firm had total assets of VND1.6 trillion at the end of quarter, against VND1.05 trillion at the beginning of this year.
Source HNX