Tuesday, 07/12/2010 18:26

KTB: Explanation for business results in quarter 3/2010

Tay Bac Minerals Investment Joint Stock Company (Tay Bac Invest., JSC) (HOSE: KTB) has explained business results in quarter 3/2010 beside quarter 3/2009 as follows:

• Revenue in quarter 3/2010 increased about 22.317 billion dongs (533.5%) beside quarter 3/2009. Profit after tax in quarter 3/2010 increased 5.54 billion dongs (1,004.8%) beside quarter 3/2009.

• In 2009, the company was major in research, test and find a market. Revenue was not high and from new products.

• In 2010, some mines put into operation and brought out main products. Beside, price the products increased higher more than that in quarter 3/2009.

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