PHR: Explanation for business difference in quarter 4/2010

Phuoc Hoa Rubber Joint Stock Company (PHURUCO) has explained business result in quarter 4/2010 increased 10 % compared quarter 4.2009 as follows:

In quarter 4/2010, the company sold 8,209.93 tons of latex (Revenue 611.69 billion dongs), accumulation in 2010 the company sold 31,006.11 tons of latex (Revenue 1,995.08 billion), Profit before tax in quarter 4/2010 reached 177.29 billion dongs accumulation in 2010 the company 489.88 billion dongs (188.54% compared with 2009)

Profit before tax quarter 4/2010 increased 49.56% compared with quarter 4/2009 because the cost of latex increased. Average cost in quarter 4/2009 just reached 39.23 million dongs/tons but the average cost in quarter 4/2010 reached 72.61 million dongs / tons. Profit before tax of 2010 increased 88.54% compared with 2009 because the cost increased 99.15%

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