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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