SCC: Explanation for the change of over 5% in operating result in QIV/2009
According to the Financial Statement Quarter IV/2009, net income increased compared to Quarter III/2009. Songda Cement JSC explained the increase in operating result in QIV/ 2009 as follows:
No |
Indicator |
Q III/2009 |
Q IV/2009 |
Diferrence |
1 |
Interest from bank deposits and others |
610,379,064 |
231,226,258 |
-379,152,806 |
2 |
Revenue from securities trading |
|
1,286,954,050 |
1,286,954,050 |
3 |
Dividend from investment in NaLoi Hydropower |
|
100,000,000 |
100,000,000 |
|
Total |
610,379,064 |
1,618,180,308 |
1,007,801,244 |
- Net Profit before tax of Q3/2009: VND 1,555,497,383
- Net Profit before tax of Q4/2009: VND 2,449,036,730
- Reason: due to the difference between Financial income of Q3 and Q4/2009.
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