DLG: Explanation for business results of the parent company in quarter 3/2010
Duc Long Gia Lai Group Joint Stock Company (Duc Long Gia Lai Group) (HOSE: DLG) has explained profit in quarter 3/2010 increased 15,723,376,819 dongs beside quarter 3/2009 because:
• In quarter 3/2010, the company sold about 10,000 tons of fertilizers and amount of sawn timber in stock with low cost and high profit.
• The company exported few packages of finished timber with high profit because of increasing exchange rate.
• There was revenue from asset and machinery lease in quarter 3/2010. Therefore, profit in quarter 3/2010 increased more than that in quarter 3/2009.
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> VTF: Explanation for business results in quarter 3/2010 (23/11/2010)
> VFMVF4: NAV from 11 Nov 2010 to 18 Nov 2010 (23/11/2010)
> SSC: SSC receives 282 Le Van Sy Project (23/11/2010)
> Risk insurance secured for offshore project (23/11/2010)
> DHC: Business result in Oct 2010 (22/11/2010)
> TAS: Explanation for the change in operating result in QIII- 2010 (22/11/2010)
> SDT: Explanation for the change in operating result in QIII - 2010 (22/11/2010)
> AVS: Director sold 750,000 shares (22/11/2010)
> AGD: Explanation for business result in Q3.2010 (22/11/2010)
> ANV: Explanation for revenue and profit in Quarter 3/2010 (19/11/2010)