Monday, 21/02/2011 17:01

AAM: Explanation for business result in Q4.2010

The profit after tax of Mekong Fisheries Joint Stock Company (HOSE: AAM) in Quarter 4/2010 decreased by 19.73% compared to profit after tax in Quarter 4/2009 because in Quarter 4/2009 the Company re-added the provision for securities investment worth VND13,237,665,574, and made income from financial activities increase while in Quarter 4/2010 this re-added provision was just VND303,723,376. These main reasons affected the difference in profit after tax between the two quarters.

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