PVSB’s Management Board periodical meeting – quarter III/2013, first 9 months in 2013 and plan for Quarter IV/2013
On 25th October 2013, the periodical meeting for third quarter was held by Management Board of PVSB to evaluate the performance of the Management Board, and the implementation of third quarter, first 9 months in 2013 and develop the business plans for 2013 fourth quarter.
At the meeting, the followings have been agreed on:
1. Specific indicators of Third Quarter, first 9 months in 2013.
|
No.
|
Indicator
|
3rd Quarter plan
|
3rd Quarter Actual result
|
% complement
|
First 9 months Actual result
|
|
1
|
Total revenue
|
12,93
|
18,17
|
141%
|
60,49
|
|
2
|
Profit before tax
|
(2,52)
|
2,14
|
-
|
(0,28)
|
|
3
|
Profit after tax
|
(2,52)
|
1,59
|
-
|
(1,66)
|
|
4
|
Tax and payables to the State
|
0,68
|
1,16
|
171%
|
5,29
|
|
5
|
Capital investment
|
103, 41
|
0,164
|
0,16%
|
1,52
|
2. 2013 Fourth Quarter plans.
|
No.
|
Indicator
|
4th Quarter plan
|
Planned realization for 4th Quarter /2013
|
Planned realization for the year 2013
|
|
1
|
Total revenue
|
11,95
|
19,11
|
79,60
|
|
2
|
Profit before tax
|
(5,55)
|
(4,07)
|
(4,35)
|
|
3
|
Tax and payables to the State
|
0,8
|
1,49
|
6,78
|
|
4
|
Capital investment
|
204,29
|
2,5
|
4,02
|
Based on the result from 3th quarter and first 9 months 2013, Management Board has recognized and highly appreciated the result achieved; healthy finance; no bad depts; capital is preserved. Particularly with targets for construction investment, the Company does not complete due to an adjustment of investment for 35ha Petroleum Services Project.