RAL: Explanation for business result in Q1/08
Rangdong Light Source and Vacuum Flask Joint Stock Company (RALACO) has explained of business result in Q1/08 as follows:
|
Items |
QIV/2007 |
QI/2008 |
Difference |
Rate |
1 |
Net revenue |
198,614,089,292 |
245,775,265,995 |
47,161,176,703 |
23.74% |
2 |
Profit after tax |
12,191,090,139 |
32,585,705,212 |
20,394,615,073 |
167.3% |
Profit in Q1/08 increased compared to that in Q4/07 because of the following reasons:
The company had right strategies.
At end of December 2007, mobilized capital from share issuance was used for balance finance source, reduce liabilities.
Modern technology made production more effective.
Work invested in Que Vo Industrial Zone – Bac Ninh run efficiently
HoSE
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