VNM: Explanation for business results in Q4/2010

Viet Nam Dairy Products Joint Stock Company (HOSE: VNM) has announced explanation for profit after tax in quarter 4/2010 increased 21.75% compared with quarter 4/2009 as follows:

• Profit from activities business increased because revenue from sales increased 44.59% compared with quarter 4/2009, gross profit quarter 4/2010 increased 19.78% compared with quarter 4/2009. Beside, implement continues the manager problem and expenses effective control, sales expenses increased compared with quarter 4/2009 and lower to level net revenue and gross profit

• Profit from others activities increased because acknowledgement had given support from the supplier and selling property.

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