Thursday, 28/01/2010 18:23

TCR: Explanation for business fluctuation in quarter 4/2009

Taicera Enterprise Company (TAICERA) has announced business fluctuation in quarter 4/2009 as follows:

Items

Quarter 3/2009

Quarter 4/2009

Comparison (%)

1. Net revenue

256,794,464,090

307,932,667,493

19.91

2. Cost of goods sold

207,853,587,217

237,846,068,896

14.43

3. Profit after tax

9,541,597,791

17,233,107,005

80.61

Sales activities in quarter 4/2009 was better than that in quarter 3/2009, increasing 19.91% (VND51,138,203,403). Besides, the company used domestic material, made prices decrease and ratio of cost of goods sold on net revenue in quarter 4/2009 was 77.24% beside 80.94% in quarter 3/2009. Therefore, profit after tax of quarter 4/2009 increased high.

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