LBM: Explanation for business result in Quarter 1/2011

Lam Dong Mineral and Building Material Joint Stock Company (HOSE: LBM) explained the fluctuation in business result of Quarter 1/2011 and Quarter 1/2010 according to the consolidated financial statements:

                                                                                   Unit: VND thousand

- Revenue in Quarter 1/2011 was VND46.619 billion, increasing by 23.66% compared to VND37.689 billion in Quarter 1/2010, and profit increased by 43.89% because of the increase in sales of brick in subsidiaries: 

- Revenue of subsidiary (Hiep Thanh Joint Stock Company): Revenue in Quarter 1/2011: VND10.007 billion; revenue in Quarter 1/2010: VND7.475 billion. Profit after tax in Quarter 1/2010: VND925.308 million; Profit after tax in Quarter 1/2011: VND650.258 million.

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