LAF – business results in Q3/2007
Long An Food Processing Export Joint Stock Company (LAFOOCO) has informed of business results in Q3/2007:
Profit in Q3/2007 increased rapidly compared to Q2/2007
Reasons:
Finding imported materials effectively
Enhance production when prices increased
Have enough fund to purchase and import materials so it meets the need of market.
Customers are prestigious and accept to purchase at a good price
Unit: billion dong
Items
Q1
Q2
Q3
9 months 07
Plan in Q4
Year plan
Revenues
95.44
149.63
205.89
450.96
268.00
718.96
Profit before tax
-3.64
2.34
11.79
10.49
11.60
22.09
Profit in Q3 was VND11.79. Profit in Q4 is estimated at VND11.6 billion.
In general, the company is running well. However, there are some difficults such as increase of expenses, not enough liquid capital for aquatic products
HoSE
> REE: Financial information in Quarter III/2007 (01/11/2007)
> Petroleum Phuongdong - Auction Result (01/11/2007)
> HDC: Trading of affiliated person (01/11/2007)
> HDC: Trading result of a major shareholder (01/11/2007)
> VNPT raise international call rates (01/11/2007)
> Lamson Sugar: HOSE received adequate listing registration documents (31/10/2007)
> VTO – business results in Q3/2007 (31/10/2007)
> VTO: Trading Result of a Major Shareholder (31/10/2007)
> ITA: The record date for a ballot (31/10/2007)
> VIC: Trading result of an affiliated person (31/10/2007)
