TRI: Explanation for business result in quarter 2/2010
Sai Gon Beverages Joint Stock Company (TRIBECO) has explained the business result in quarter 2/2010 as follows:
* According to the shareholders’ meeting on June 15, 2010, the company transferred capital in Tribeco Binh Duong & Tribeco Mien Bac. The profit will decrease loss of the company. Therefore, profit in quarter 2/2010 reached 44,396,531,098 dongs according to the consolidated financial statements:
* TRIBECO transferred long-term financial investment in Tribeco Mien Bac worth 40 billion dongs (80% charter capital of Tribeco Mien Bac). The company earns a profit at 27,658,563,597 dongs.
* TRIBECO transferred investment in Tribeco Binh Duong worth 97.5 billion dongs (30% charter capital of Tribeco Mien Bac). The company earns a profit at 44,659,078,744 dongs.
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