SBT: Explanation for business result in Q4.2010
Société De Bourbon Tay Ninh (HOSE: SBT) explained the fluctuation in business result in Quarter 4/2010 compared to Quarter 4/2009:
With equivalent selling quantities, the selling price in Quarter 4/2010 increased by 39.6% compared to the same period of 2009. However, the increase in cost of input materials in Quarter 4/2010 was higher than the increase in selling price, so the cost of goods sold in Quarter 4/2010 increased by 50.21%. These made profit after tax in Quarter 4/2010 decreased by 10.75% from Quarter 4/2009, equivalent to VND10.01 billion.
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