DBC: Explanation for the change of over 5% in operating result in QIV- 2010

According to the Financial Statement Quarter IV/2010, the consolidated profit after tax increased 13.4% compared to Quarter IV/2009. DABACO Vietnam Corporation (HNX: DBC) explained the increase in operating result in QIV/ 2010 as follows:

- In QIV/2010, the price of raw materials went up, so on cost of goods sold has been increased accordingly. Therefore, however the sales increased, the profit after tax has been decreased.

- In QIV/2010, the price of goods increased, therefore the subsidiaries of DBC (One member limited liability companies) recorded a profit of VND 10.409 mil, meanwhile, in QIV/2009, these companies recorded a loss of VND 7.722 mil.

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