Tuesday, 23/11/2010 18:12

ATA: Explanation for business results in quarter 3/2010

NTACO Company (HOSE: ATA) has explained profit in quarter 3/2010 decreased more than that in quarter 3/2009 because:

• Financial incomes decreased more than that in the quarter 3/2009.

• Financial expenses were high because the company was not subsidized exporting interest as in the quarter 3/2009.

• Tax expenses increased higher than those in quarter 3/2009 because the time for preferential income tax was expired. Therefore, the profit was down in the quarter.

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