MCG: Explanation for business result in Q4/2009
Vietnam Mechanization Electrification & Construction Joint Stock Company (MECO JSC) has explained the business differences of quarter 4/2009 and quarter 3/2009 as follows:
Profit before tax reached VND21,702 million and increased VND13,231 million (256%) in quarter 4/2009 beside the result in quarter 3/2009.
Reasons: the quarter 4 every year is a good season for the company’s business. And in the quarter 4/2009, MECO JSC gained a part of property revenue of a project at 102 Truong Chinh St.
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