ALT: Explanation for business activities of quarter 3/2008

Alta Company (ALT) explained its business activities in quarter 3/2008 as follows:

- Profit after tax in quarter 3/2008 decreased by 17.7% against last quarter due to following reasons:

- Input expenses increased a lot in this quarter, but the company decided to maintain a low rate of increase in selling price to keep contract with their customers, thus net profit decreased by 6.1% against last quarter. However, the company got contracts from both domestic and overseas customers. In total, net sales increased by 8.6% against last quarter and profit after tax of the company increased by 69% on the same period of last year.

- In quarter 2/2008, proceeds from liquidation of fixed assets made a supplement to profit; however, there is no such liquidation in quarter 3/2008.

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