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VHC: Explanation for business result in QIII/2011

Vinh Hoan Corporation (HOSE: VHC) explained the fluctuation in business result between QIII/2011 and QIII/2010:

By: VND

Item

QIII/2011

QIII/2010

Difference

Net revenue

 926,086,817,660

 680,261,253,320

+36.14%

Profit after tax of the parent company

 77,562,007,463

 58,193,049,241

+33.28%

• The Company’s profit after tax in QIII/2011 increased because:

• Revenue in QIII/2011 rose 36.14% from QIII/2010

• The Company produced products from materials bred by it, so material cost is lower than market price. This raised profit in the period.

HOSE

 

 

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VHC: Explanation for business result in QIII/2011

Vinh Hoan Corporation (HOSE: VHC) explained the fluctuation in business result between QIII/2011 and QIII/2010:

By: VND

Item

QIII/2011

QIII/2010

Difference

Net revenue

 926,086,817,660

 680,261,253,320

+36.14%

Profit after tax of the parent company

 77,562,007,463

 58,193,049,241

+33.28%

• The Company’s profit after tax in QIII/2011 increased because:

• Revenue in QIII/2011 rose 36.14% from QIII/2010

• The Company produced products from materials bred by it, so material cost is lower than market price. This raised profit in the period.

HOSE

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