KSH: Explanation for business result in Q4/08

Ha Nam Mineral Joint Stock Company (KSH: HAMICO) has explained business result in Q4/2008 as follows:

 - Operation expenses: Prices of input materials such as coal, soil, packs, freight increased rapidly.

 Meanwhile, the company could not deal with its customers to raise price in order to fit increase of input expenses.

Other expenses: in Q4/2008, there was a historic rainfall thus, all goods in warehouse were wet and could not be used.

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