Vinashin Petroleum Investment and Transport JSC. (VSP) posted a net loss of VND533.43 billion consolidated and audited net loss in 2011, compared with VND168.47 billion net profit in 2010. The firm said in its financial statement sent to HNX’s web.

The firm generated total of VND641.73 billion revenues in 2011, down 25.5% on year.

The firm had total VND2.92 trillion assets by end of 2011, versus VND3.38 billion at the beginning of the year.

Of note, the firm also posted earnings per shares (ESP) at –VND15,825/shares in 2011, compared with -VND21/share in 2010.

Source HNX