Wednesday, 18/08/2010 18:26

ANV: Explanation for business result in Q2/2010

Nam Viet Corporation has explained business result in Q2/2010 as follows:

1. Decrease of sales:

- Sales in Q2/2010 dropped 32.3% compared to the same period 2009 due to a rapid decrease of selling price.

- Exporting output in Q2/2010 declined 25% compared to Q2/2009.

2. Increase of profit:

The company had good control of production and selling expenses. Thus, its profit gained VND23.2 billion in Q2/2010, meanwhile it was VND18.3 billion in Q2/2009.

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