GTA: Explanation for Business Results in Quarter 3/2007
On October 26th 2007, the Thuan An Wood Processing Joint Stock Company explained its business results in Quarter 3/2007
Sales in Quarter 2/2007: 37,328,249,506 dongs
Profit after tax in Quarter 2/2007: 3,830,573,980 dongs
Sales in Quarter 3/2007: 20,107,141,753 dongs
Profit after tax in Quarter 3/2007: 3,069,014,421 dongs
Profit after tax accumulated from the beginning of the year: 11,501,956,875 dongs
Ratio of profit after tax in Quarter 3/2007 and the plan for 2007: 72.45%
The profit after tax in Quarter 3 was down 19.88% compared to Quarter 2/2007 due to the decrease of 46.13% in sales of Quarter 3. The company’s sales often increase in Quarter 4; and Quarter 3 is the time when sales get the lowest level in the whole year. Therefore, the profit after tax in Quarter 3/2007 is not higher than Quarter 2/2007
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