VCS: Explanation for the change of over 5% in operating result in QII-2009

According to the Financial Statement Quarter II/2009, profit before tax increased by 32.51% compared to Quarter I/2009. Vinaconex Advanced Compound Stone JSC explained the increase in operating result in QII/ 2009 as follows:

- Revenue from export went on as normal without the effect of Tet holidays and New Year Holiday.

- Revenue from domestic sale was VND 28,468,149,815 in QII while it was only VND 50,005,402 in QI.

- The growth of profit before tax is not relevant to the growth of revenue (32.52% and 56.98% respectively) because gross profit from domestic sale was much less than gross profit from export.

hnx

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