Tuesday, 03/03/2009 17:45

MKV: Explanation for the change of over 5% in operating income in QIV- 2008

MKV explains for the change of over 5% in operating income in QIV- 2008 as follows:

Cai Lay Veterinary Pharmaceutical JSC explained the decrease in operating income in QIV/ 2008 as follows:

1. In Q4, income decreased by over VND 2 billion compared to Q3 because of less sales.

2. Interest expenses were very high.

3. After-sale service was mainly carried out at the end of  2008.

4. Price of inputs went up, which decreased the gross profits.

hastc

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