ANV : explanation for business result in Q4/07
NamViet Corporation (NaViCo) has explained business result in Q4/07 as follows:
Revenue in Q4/07 decreased 15.71% compared to that in Q3/07
Revenue focused on export thus currency rate of VND/USD in Q4 reduced leading to decrease of revenue.
The selling price was lower than that in the previous quarter.
Profit before tax in Q4/07 increased 66.27% compared to that in Q3/07
The company had good management of expenses of materials and production.
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> IFS: Explanation for business result in Q4-07 (13/03/2008)