MKP: Explanation for business result in QIII/2011
MKP: Explanation for business result in QIII/2011
Mekophar Chemical Pharmaceutical JSC (HOSE: MKP) explained the fluctuation in business result between QIII/2011 and QIII/2010:
Profit after tax in QIII/2011 increased 10.25% compared to QIII/2010 because of the following reasons:
- Sales in QIII/2011 increased 20.89% against QIII/2010, mainly because:
- Sales from finished products rose 10.35%
- Sales from goods rose 15.62%
- Sales from materials and services decreased 5.08 %
Besides, in 2011, the Company saved operating expenses such as major repair expense, so profit in QIII/2011 was higher than in QIII/2010.
HOSE