TYA: Explanation for fluctuation of business result in quarter 3/2008
Taya (Vietnam) Electric Wire & Cable Joint Stock Company (TAYA VIET NAM) explained fluctuation (about 5%) of business result in quarter 3/2008 as follows:
Items
Quarter 3/2008
Quarter 2/2008
%
Net sales
337,935,052,743
352,397,155,614
-4.1
Cost of goods sold
291,200,630,189
303,922,601,971
-4.2
Profit after tax
29,162,495,875
6,359,351,948
358.6
Sales slightly decreased by 4.1% and cost of goods sold also decreased by 4.2%. Profit after tax increased by 358.6% because in quarter 3/2008 exchange rate of USD/VND was stable and unrealized losses of foreign exchange in quarter 2/2008 were recorded in quarter 3/2008.
HoSE
> RAL: Explanation for difference of business result in quarter 3/2008 & quarter 2/2008 (30/10/2008)
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> POT: Financial Statement in brief QIII-2008 (30/10/2008)
