Thursday, 15/05/2008 17:08

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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