ALT: Business result in Q3/08

ALTA Company (ALTA) has informed of business result in Q3/08 as follows:

Profit after tax decreased 17.7% compared to that in the previous quarter because of the following reasons:

* Net sales in Q3 increased 8.6%. However, in order to ensure contracts with some customers, the company limited increase of selling prices while material prices were higher. It led to decrease of net sales by 6.1% compared to that in Q2/08. Profit after tax in Q3 increased 69% in comparison with the same period last year.

* In Q3/08, there was no liquidation of fixed assets thus there was no other profits like in Q2/08.

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