MTG: Explanation for business result in Quarter 4/2010
MT Gas Joint Stock Company (MT GAS) (HOSE: MTG) has explained the difference in business result in Quarter 4/2010 compared to Quarter 4/2009:
• The gas consumption volume in Quarter 4/2010 was 4,168 tons and lower than in Quarter 4/2009 (6,949 tons).
• Financial expense and fixed asset depreciation were higher than Quarter 4/2009 because the Company has invested in fixed assets such as new gasholders according to Decree 107/2009/ND-CP, built a gasholder manufactory.
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> KSB: Explanation for business results in Quarter 4/2010 (15/03/2011)
> IFS: Late submission of financial statements (15/03/2011)
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> SHN: Report on use of proceeds (14/03/2011)
> HAS: HACISCO sells assets (11/03/2011)
> PHR: Explanation for business difference in quarter 4/2010 (11/03/2011)