S55: QII-2011 Operating Results Explaination
According to the Financial Statement QII-2011, profit after tax is VND 7,704,022,674 with an increase of VND 5,039,601,875 (53%) compared to Quarter II/2010. Song Da 5.05 JSC (HNX: S55) explained the increase in operating result in QII/ 2011 as follows:
Reason for the increase is that the Company has extended its operating scale because of implementing some big projects signed in early 2011. Therefore, output value and revenue rose sharply year on year. Other reason is that investors covered the change of materials and manpower for some projects of last year.
HNX
> MAFPF1: NAV from 21 July 2011 to 28 July 2011 (04/08/2011)
> VFMVFA: NAV from 21 Jul 2011 to 28 Jul 2011 (06/08/2011)
> VFMVF4: NAV from 21 Jul 2011 to 28 Jul 2011 (06/08/2011)
> VFMVF1: NAV from 21 Jul 2011 to 28 Jul 2011 (06/08/2011)
> FDG: Resolution of the General Meeting (04/08/2011)
> TAC: Hanoi Branch to be dissolved & open a representative office (04/08/2011)
> PRUBF1: NAV from 21 Jul 2011 to 28 Jul 2011 (04/08/2011)
> DXG: QII-2011 Operating results explaination (04/08/2011)
> CII: Information disclosure (04/08/2011)
> V15: QII-2011 Operating results explaination (03/08/2011)