HPG: Business result in 10 months of 2008
HOA PHAT GROUP has announced the consolidated business result of the group in the first ten months of 2008 as follows:
Item
10 months of 2008
(billion dongs)
Plan for 2008 (billion dongs)
Comparison between 10 months and the plan (%)
Accumulated sales in 10 months of 2008
7,129
7,657
93%
Profit after tax in 10 months of 2008
809
740
109%
Provision for devaluation of inventories at October 31st, 2008
353
Note: In October 2008, the company lost VND273 billion because it set aside VND292 billion for Provision for devaluation of inventories.
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