OPC: Explanation for business result in quarter 4/2009
OPC Pharmaceutical Joint Stock Company (OPC) has explained the business result in quarter 4/2009 in comparison with quarter 3/2009 as follows:
Unit: VND |
Items |
Quarter 4/2009 |
Quarter 3/2009 |
+/- Change |
% Change |
Net revenue |
115,272,917,301 |
118,876,335,930 |
(3,603,418,629) |
-3 |
Profit after tax |
10,584,982,081 |
20,363,331,856 |
(9,778,349,775) |
-48 |
Profit after tax in quarter 4/2009 decreased 48% in compare with quarter 3/2009 because the company reversed VND7,200,000,000 provisions for devaluation of long-term financial investments.
Revenue in quarter 4/2009 decreased 3% in comparison with quarter 3/2009 because revenue of exporting rubbers decreased VND29,326,580,320.
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