VHC: Explanation for business result in QIII/2011
17-11-2011 17:38:12+07:00
VHC: Explanation for business result in QIII/2011
VinhHoan Corp (HOSE: VHC) explained the fluctuation in the consolidated financial statements in QIII/2011 compared to QIII/2010:
By: VND
|
|
QIII/2011 |
QIII/2010 |
Difference |
|
Net revenue |
1,131,033,568,552 |
670,777,047,751 |
+68.62 |
|
Profit after tax of the parent company |
83,296,422,043 |
62,405,901,562 |
+33.4 |
- Reason:
The Corporation’s revenue in QIII/2011 increased 33.48% from 2010.
Mainly the revenue from selling in QIII/2011 increaed 68.62% compared to QIII/2010. The parent company mainly has produced products from its own material sources, so cost was lower than the cost of market and contributed the profit in the period.
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