Tuesday, 09/11/2010 17:28

BCC: Explanation for the change of over 10% in operating result in QIII-2010

According to the Financial Statement Quarter III/2010, profit decrease 64.5% compared to Quarter III/2009. BimSon Cement JSC explained the decrease in operating result in QIII/ 2010 as follows:

- Financial expenses increased 972.4%. That because interest of the loan which invest in project of new producing chain has started since 01/07/2010;

- Amortization increased 218%;

- Coal prices went up average VND 486,418/T, equaling 54.9%, then made the cost increased 10.1%.

hnx

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