SD8: Explanation for the change of over 10% in operating result in QII/2011
According to the Financial Statement Quarter II/2011, profit after tax is VND million 510 with an increase of 144%compared to Quarter II/2010. Song Đa 8 JSC (HNX: SD8) explained the increase in operating result in QII/2011 as follows:
Unit: VND million
Description
QII/2011
QII/2010
% change
Net income
106,536
91,417
16
Other profit
769
Profit after income tax
510
209
144
- The increase of net income is Tuyen Quang Hydroelectricity in 2004 has completed liquidation;
- Profit after tax increases because the liquidation of unvalued assets.
HNX
> SFI: Explanation for business result in QII/2011 (15/08/2011)
> EVE: Explanation for plummeting to floor prices (15/08/2011)
> VES: Explanation for business result in QII/2011 (15/08/2011)
> SMA: Explanation for business result in QII/2011 (15/08/2011)
> DCC: Information on the 2011 annual shareholders’ meeting (15/08/2011)
> CII: Extension time of submitting the first half 2011 financial statements (15/08/2011)
> HLA: Extension for submission of financial statements QII/2011 (15/08/2011)
> SAV: Extension time of submitting the first half of 2011 FS (15/08/2011)
> DAE: QII/2011 Operation results explanation (12/08/2011)
