HBD: Business operational explanation
HBD: Business operational explanation
According to the Financial Statement Quarter III/2011, profit after tax of Quarter III/2011 changed over 10% year on year (VND1,652,038,351 and VND607,983,974 in QIII.2011 and QIII.2010 respectively). Binh Duong PP Pack Making JSC (HOSE: HBD)explained the change in operating result in Quarter III/2011 as follows:
- Depreciation expenses decreased by 21.56%
- Revenue increased by 73.93% year on year because of higher selling price
- In QIII.2011, the Company introduced new product (PK Nghi Son packaging), and minimize the comsumption of materials.
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