APC: Explanation for business result in Q2/2010

An Phu Irradiation Joint - Stock Company has explained business result in Q2/2010 as follows:

After-tax profit in Q2/2010 decreased 51% compared to the same period 2009 due to the following reason:

* Sales: In Q2/2010, there was a shortage of materials leading to decrease of irradiation output

* Expenses: In 2010, the company has suffered from additional expenses of new irradiation source in December 2009 and other expenses related to irradiation program of exported fruits to the US market, while there were no such expenses in Q2/2009.

* Corporate income tax: In Q2/2009, the company had 30% reduction of corporate income tax, meanwhile there was no tax cut in Q2/2010.

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