TRC: Explanation for business result of Quarter II/2008
Tay Ninh Rubber Company has explained the difference in business result between Quarter II/2008 and Quarter 1/2008 as follows:
- Profit in QII/2008: VND39,453,077,766
- Profit in QI/2008: VND26,248,743,806
- QII/2008 vs QI/2008: 150 %
Reason:
Rubber output is on rise because of seasonal factor. The output in Quarter II/2008 is 2,251 tons, a 589-ton increase compared to 1,662 tons in Quarter I/2008.
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