Wednesday, 13/08/2008 17:18

HBE: Explanation for consecutive floor plunge (from 19/07/2008 to 01/08/2008)

As requested by HaSTC, Ha Tinh Book and Educational Equipment JSC explained the consecutive floor plunge of its stock from 19/07/2008 to 01/08/2008 as follows:

1. Operating income of the company in the first half of 2008 has proved the sustainable development 

Items

First half of 2007

First half of 2008

Increase

Net revenue

7,863,051,698

10,161,223,765

29.22%

Earnings before tax

174,333,749

439,315,452

152%

 2. The unpredicted fluctuation of the stock exchange has influenced the price of HBE stock. However, the price of the stock does not affect the Company’s operation.

HaSTC

 

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