SJM: Explanation for the change in operating result in QIII- 2010
According to the Financial Statement Quarter III/2010, profit after tax of the company decreased 66.9% compared to Quarter III/2009. Song Da No.19 JSC explained as follows:
- Revenue decreased 3.17% so profit before tax decreased 36%
- Loan’s interest expenses increased
- General and administration expenses increased.
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