CMG: Explanation for business result in Q2/2010
CMC Corporation has explained business result in Q2/2010 as follows:
- After-tax profit in Q2/2010 was more than VND95 billion, increasing VND91.3 billion compared to Q2/2009.
Reasons:
- From the beginning of 2010 to 30/06/2010, profit of subsidiaries in 2009 was VND94,892,636,394 that recorded in the part of financial income. In 2009, till 30/06/2009, because profit of subsidiaries in 2008 was not transferred to the parent company, thus it was not recorded in the part of financial income.
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