Monday, 08/08/2011 17:33

MKP: Explanation for business result in QII-2011

Mekophar Chemical Pharmaceutical JSC (HOSE: MKP) explained the 13.8 percent increase in profit after tax of QII-2011 compared to QII-2010:

Although material prices and other expenses have increased, the Company tried to raised revenue of QII-2011 by 26.7% compared to QII-2010, mainly thanks to:

- Revenue from finished product: Up 12%

- Revenue from goods: Up 15%

- Revenue from materials and services: Up 0.3%

Besides, the Company also saved expenses in business operations, so that made profit in QII-2011 increase.

HOSE

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