DZM: Explanation for the change of over 5% in operating result in QIV- 2009
Dzi An Manufacturing Public Limited Company explained the increase in operating result in QIV/2009 as follows:
1. Revenue in QIV/2009 is VND 89,990,956,795 with an increase of 39% compared to QIII/2009 because:
- Generator is a seasonal product and the sale of this product increases sharply in QIV every year.
- Company has to push up the number of sold products to cover the revenue in QI, QII and QIII.
2. Profit before tax in QIV/2009 is VND 8,812,675,418 with an increase of 23% compared to QIII because:
- Revenue increased
- However, Profit in QIV did not increase in the same pace as revenue because the selling expenditure in QIV is high due to the commission policy.
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