Tuesday, 09/02/2010 08:15

PHR: Explanation for business results in quarter 4/2009

Phuoc Hoa Rubber Joint Stock Company (PHURUCO) has explained the business results in quarter 4/2009 as follows:

Unit: VND

Items

Quarter 3/2009

Quarter 4/2009

%

Revenue

303,965,169,920

433,333,930,269

142.56%

Profit before tax

96,388,280,084

158,543,580,346

164.48%

The business results in quarter 4/2009 increased higher than that in quarter 3/2009 because of the specific characteristics of rubber industry (Production in quarter 4/2009 is higher than that in 03 remaining quarters). Beside, price in quarter 4/2009 increased higher than that in quarter 3/2009 and the company liquidated gardens for replanting rubber trees in 2010. Therefore, profit in quarter 4/2009 was high.

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