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KSB: Explanation for business results in quarter 3/2010
Binh Duong Mineral And Construction Joint – Stock Company (BIMICO) (HOSE: KSB) has explained business results in quarter 3/2010 beside quarter 3/2009 as follows:
Unit: dongs
|
Items |
Quarter 3/2009 |
Quarter 3/2010 |
% Changes |
|
A |
1 |
2 |
3 = 2/1 |
|
Revenue |
95,744,850,622 |
137,915,721,643 |
144% |
|
Expenses |
66,111,234,230 |
94,848,122,385 |
143% |
|
Profit before tax |
29,633,616,392 |
43,067,599,258 |
145% |
|
Profit after tax |
25,928,164,343 |
37,448,793,231 |
144% |
Revenue increased in quarter 3/2010 because stone mines received long-term operation licenses and put into production. Beside, demand of building material increased in the quarter.
Expenses decreased in the quarter 3/2010 because factories increased production, so fixed expenses and costs decreased.
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