EVE: Explanation for business result Q4/2010
Everpia VietNam Joint Stock Company (HOSE: EVE) explained the increase in Profit after tax in Quarter 4/2010 compared to Quarter 4/2009:
Quarter 4/2010
Quarter 4/2009
Difference (%)
Profit after tax (Consolidated report)
VND 57,114,141,423
VND 36,683,720,793
55.7%
In Quarter 4/2010, revenue increased 33.2% from the same period of 2009. The effective use of materials in store in the end of year helped decrease the cost of products and increase profit. Moreover, the financial profit from the saving interest increased because of capital restructuring after an issue of 3,000,000 shares in the middle of 2010.
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