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REE: Explanation for business result in Quarter 3/2010
Refrigeration Electrical Engineering Corporation (HoSE: REE) explained business performance in Quarter 3/2010:
Unit: VND
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Quarter 3/2010 |
Quarter 3/2009 |
Difference |
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1 |
2 |
3 |
4 = 2 - 3 |
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Net revenue |
459,771,323,000 |
286,689,978,000 |
173,081,345,000 |
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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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