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HRC: Explanation for the increase in ‘profit after tax’
The Hoa Binh Rubber Joint Stock Company (HORUCO ) explained its business report in Quarter IV/2007 as follows:
Profit after tax in Quarter III/2007: VND29,507,829,541
Profit after tax in Quarter IV/2007: VND42,637,193,338
The profit after tax in Quarter IV increased by 44.49% compared with Quarter III.
The following is reasons:
The operating profit in Quarter IV increased by VND11,273,571,899 (equivalent to 39.77%) compared with Quarter III;
Other profits in Quarter IV increased by VND1,855,791,898 (equivalent to 160%) compared with Quarter III.
HoSE
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