GMD: Explanation for business result in Q2/09
Gemadept Corporation (GMD) has explained business result in Q2/09 as follows:
- Pre-tax profit in Q2/09: VND125,242,431,104
- Pre-tax profit in Q1/09: VND33,069,159,656
- Pre-tax profit in Q2/09 was equal to 378% of pre-tax profit in Q1/09
Reason: Gross profit in Q2 was VND75,656,642,569. During the time, the financial market started recovery, the company had advantages of securities investment.
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