Monday, 09/03/2009 14:04

DNP: Business result in Q4/2008

DongNai Plastic Construction Joint Stock Company (DONAPLAST) has explained of business result in Q4/2008 as follows:

(Unit: VND)

Q4/2008

Q3/2008

Increase/Decrease

Net sales

59,382,286,330

46,961,183,066

+26.4%

Profit before tax

4,124,401,965

2,241,091,811

+84%

Sales and profit before tax in Q4/08 increased in comparison with that in Q3/2008 due to the following reasons:

* Q4 is the end of the year time thus, orders usually increase

* Input price like materials decreased rapidly while selling price remained unchanged

* Lower bank loan interest expenses than in Q3

hose

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