TRC: Explanation for business result in Q2/2010
Tay Ninh Rubber Joint Stock Company has explained business result in Q2/2010 as follows:
* Profit in Q2/2009: VND18,801,734,768
* Profit in Q2/2010 (before tax): VND64,169,919,090
* Increasing compared to Q2/2009: VND45,368,184,322 or 241%
Reasons:
* Selling price in Q2/2010 increased 101% compared to Q2/2009
* Financial income in Q2/2010 rose 611%, in which difference of exchange rate earned from sales of selling products increased more than VND9 billion.
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