SFI: Explanation for business result in Quarter 4/2010

Sea & Air Freight International (HOSE: SFI) explained the difference in business result (Of parent company) between Quarter 4/2010 and Quarter 4/2009:

                                                                                                                Unit: VND

Revenue of parent company SAFI in Quarter 4/2010 was more than VND34.2 billion and equal to 87.38% of revenue in Quarter 4/2009. Profit in Quarter 4/2010 was equal to 28.11% of profit in Quarter 4/2009. Profit in Quarter 4/2010 decreased VND9,355,730,734 (Equivalent to a decrease of 71.89%) because in Quarter 4/2009 parent company SAFI received interest from joint-ventures worth more than VND9 billion, including VND2,769,477,028 from Cosfi and VND6,261,856,235 from Yusen (Vietnam). 

hose

>   ELC: Extension of the submission date for Q4.2010 financial statements (Time 2) (18/02/2011)

>   SAV: Explanation for business result in Q4.2010 (17/02/2011)

>   DBC: Explanation for the change of over 5% in operating result in QIV- 2010 (17/02/2011)

>   AGF: Extension of the submission date for 2010 financial statements (17/02/2011)

>   TIX: Explanation for business result in Q1/2011 (17/02/2011)

>   PRUBF1: NAV from 03 Feb 2011 to 10 Feb 2011 (16/02/2011)

>   CII: CII invests in a joint-venture (16/02/2011)

>   BAS: Explanation for business result in Q4.2010 (16/02/2011)

>   CMT: Extension of the submission date for Q4.2010 financial statements (16/02/2011)

>   SCD: Explanation for business result in Q4.2010 (16/02/2011)