Wednesday, 03/02/2010 09:30

TMC: Explanation for the change of over 5% in operating result in QIV- 2009

According to the Financial Statement Quarter IV/2009, profit of the company is VND 11.92 billion with, increase of 121.25% compared to Quarter III/2009. Thu Duc Trading and Import Export Joint Stock Company explained the increase as follows:

- Revenue increased

- Price of petroleum, iron, steel … increased in quarter IV/2009

- Income from transfer of Hiep Binh Phuoc petroleum station project (VND 8.5 bil.)

- Write back from contingencies of inventory price decrease and financial investment.

hnx

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