GMD: Explanation for profit in quarter 3/2010
Gemadept Corporation (HoSE: GMD) has explained the profit in quarter 3/2010 in comparison with quarter 3/2009 as follows:
Profit after tax in quarter 3/2010 was VND30,234,547,241 (30.17% of the profit after tax in quarter 3/2009)
Reasons: Financial expenses increased high. In quarter 3/2010 financial expenses: VND77,218,354,120 ( 451.80 % in compared with the 2009) in which interest expenses: VND45,669,913,031 (261.15% in compared with the 2009).
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