SD9: Business operational explanation

Nov 16th at 17:56
16-11-2011 17:56:21+07:00

SD9: Business operational explanation

According to the Financial Statement QIII/2011, the profit after tax decreased over 52% in compare to QIII/2010 and the profit after tax of accumulated of first 9 months of 2011 decreased 52% compared with the same period of 2010. Song Da No.9 JSC (HNX: SD9) explained the decrease in operating result in QIII/ 2011 as follows:

- In first 9 months of 2011, the investment reclaim was slow, beside of high rate of banking interest that caused borrow expenses increase;

- There are no tax-deductible in 2011;

- The profit from associates decreased.

HNX





NEWS SAME CATEGORY


MOST READ


Back To Top