NNC: Explanation for business result in Q2.2011
Nui Nho Co-operation (HOSE: NNC) explained the reasons making profit after tax in Quarter II/2011 higher than profit after tax in Quarter II/2010:
• Increase in product prices.
• Revenue from financial activities increased because of the increase in bank deposit interest.
• The Company saved a lot of expenses such as selling expense, administrative expense, etc. thanks to effective saving policy and production management.
hose
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