Tuesday, 04/05/2010 17:51

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

According to the Financial Statement Quarter I/2010, net income increased compared to Quarter I/2009. Textbook Printing JSC In Hochiminh City explained the increase in operating result in QI/ 2010 as follows:

The company was preparing to buy in printing papers from November, 2009, the period when the price of this material was lowest, and at the same time, repairing machinery and equipment to prepare for production in 2010. Therefore, in the first quarter of 2010, revenue increased 109, 2% and profit increased 118.5% compared to the first quarter of 2009.

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