Tuesday, 12/02/2008 18:06

SSC: Explanation for the increase in business result Q4/2007

The Southern Seed Corporation (SSC) has informed of the reason of increase in business result Q4/2007 against Q3/2007 as follows:

Profit before tax:

Quarter 3/2007: VND4,312,908,762

Quarter 4/2007: VND3,166,643,352

The profit before tax in Quarter 4 decreased by 26.6% (equivalent to VND1,146,265,410) because the change in the structure of products: The rate of the products which get the high profits (such as corn, vegetables) was less than the rate of others which get the low profits (such as agricultural products). 

HoSE

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