TRC: Explanation for business result in Q4/2010

Tay Ninh Rubber Company (TANIRUCO) (HOSE: TRC) explained the reason making profit of Quarter IV/2010 increase more than 10% from Quarter IV/2009:

- Profit in Quarter IV/2009: VND66,709,841,447

- Profit in Quarter IV/2010 (before tax): VND120,375,798,832

- Increase compared to Quarter IV/2009: VND53,665,957,385

- Increase ratio: 80.44%

Reason: The average selling price of rubber latex in Quarter IV/2010 (VND71,477,761/ton) increased 84% compared to the average price (VND38,864,444/ton) in Quarter IV/2009. 

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