CMC: Explanation for the change of over 5% in operating result in QI- 2010

According to the Financial Statement Quarter I/2010, operating result in QI/2010  changed over 5% compared to Quarter IV/2009. CMC Investment JSC explained the decrease in operating result in QI/2010 as follows:

- Net in come in Qi/2010 increased 227.47% compared to QIV/2009

- Financial income in QI/2010 increased 301.38% because the stock market in QI/2010 was good. Company made profit after restructure investment

- Cost of goods sold increased 240.27%

- Financial expenses in QI/2010 decreased 174.79%

- Selling expenses decreased 115.96%

- Profit before tax in QI/2010 increased 558.37% compared to QI/2009.

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