MKP: Explanation for business result in Quarter 2/2010
On July 26, 2010, Mekophar Chemical Pharmaceutical Joint Stock Company explained the 16-percent increase in profit after tax of Quarter II/2010 compared to Quarter II/2009:
Although material prices and other expenses have increased, the Company tried to raised revenue of Quarter II/2010 by 37% compared to Quarter II/2009, mainly thanks to:
* Revenue from finished product: up 7%
* Revenue from goods: up 29%
* Revenue from materials and services: up 1%.
Besides, the Company also saved expenses in business operations, so that made profit in Quarter II/2010 increase.
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