Friday, 12/11/2010 17:59

REE: Explanation for business result in Quarter 3/2010

Refrigeration Electrical Engineering Corporation (HoSE: REE) explained business performance in Quarter 3/2010:

                                                                                                                                                              Unit: VND

 

Quarter 3/2010

Quarter 3/2009

Difference

1

2

3

4 = 2 - 3

Net revenue

459,771,323,000

286,689,978,000

173,081,345,000

Profit before tax

83,485,432,000

89,591,730,000

-6,106,298,000

 In Quarter 3/2010, net revenue was VND459.7 billion, increasing by 60.37% from the same period last year, mainly because the Company completed electrical engineering works and gave them to investors.

Profit before tax in Quarter 3/2010 was VND83.5 billion, decreasing by 6.82% from the same period last year because the financial revenue was down.

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