KSB: Explanation for business results in Quarter 4/2010
Binh Duong Mineral And Construction Joint – Stock Company (BIMICO) (HOSE: KSB) has explained business results in Quarter 4/2010 compared to Quarter 4/2009 as follows:
Unit: VND
Items |
Quarter 4/2009 |
Quarter 4/2010 |
% Change |
A |
1 |
2 |
3 = 2/1 |
Revenue |
119,914,587,250 |
151,583,340,143 |
126% |
Expenses |
81,541,166,904 |
118,141,779,356 |
145% |
Profit before tax |
38,373,420,346 |
33,441,560,787 |
87% |
Profit after tax |
33,396,086,754 |
28,315,120,794 |
85% |
Revenue increased in Quarter 4/2010 because demand of building material increased in the quarter.
Expenses increased in Quarter 4/2010 because the input expenses were higher and the mineral resource tax increased.
Profit after tax in Quarter 4/2010 was down 85% compared to Quarter 4/2009.
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