Wednesday, 03/08/2011 10:35

MCP: Explanation for business result in QII.2011

My Chau Printing & Packaging Holdings Company (HOSE: MCP) explained the fluctuation in business result in Quarter II/2011 compared to Quarter II/2010:

- In Quarter II/2011, profit before tax gained 137.47% of profit before tax in Quarter II/2010 because of the following main reasons:

+ Sales in Quarter II/2011 were higher than in Quarter II/2010 because the selling prices and quantity increased

+ Production cost was down because the depreciation on a product decreased and prices of main materials did not rise thanks to inventory.

HOSE

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