Wednesday, 29/10/2008 12:06

KMF: Explanation for the change of over 5% in operating income in QIII - 2008

According to the Financial Statement Quarter III/2008, revenue is VND61,305,925,425 and net income is VND3,528,820,962 with an increase of 1.78 times and 3.99 times respectively compared to Quarter II/2008. Mirae Fiber Joint Stock Co explained the increase in operating income in QIII/ 2008 as follows:

-         Operation of the Company depends on seasonal feature of the garment industry. The production and sale of Company’s products are most active in late months of the year.

-         The production cotton pad-manufacturing-machines has been carried out and the Company get additional revenue from the sale of these machines.

HaSTC

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