Thursday, 30/10/2008 17:39

RAL: Explanation for difference of business result in quarter 3/2008 & quarter 2/2008

Rangdong Light Source & Vacuum Flask J.S Co. (RALACO) announced business result as follows:  

No.

Items

Quarter 3/2008

Quarter 2/2008

Change

%

1

Net sales and service

177,342,435,983

186,350,595,741

-9,008,159,758

-5.07%

2

Profit after tax

9,016,101,111

11,632,801,703

-2,616,700,592

-29.02%

 Profit in quarter 3/2008 decreased because:

- Sales decreased because of out-of-season consumption and drastic competitiveness of foreign products.

-  Input expenses, especially material prices, increased highly.

-  Loan expenses increased because bank interests were high.

HoSE

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