SDG: QII/2011 Operation results explanation
According to the Financial Statement Quarter II/2011, operating result decreased in compare to Quarter II/2010. Can Tho SADICO JSC (HNX: SDG) explained the decrease in operating result in QII/2011 as follows:
- Gross sales increased 8% in compare to QII/2010
- Cost of goods sold increased 14% because materials prices went up
- Increase of banking interest caused the higher financial expense
- The Company sold recycle grain has made bigger income in compare to QII/2011.
HNX
> SBS: Branch operation shutdown (12/08/2011)
> RDP: Explanation for business result in QII/2011 (12/08/2011)
> VNI: The BOD’s resolution of buying back shares (12/08/2011)
> CMX: Extension of the submission date for QII/2011 financial statements (12/08/2011)
> STP: QII/2011 Operation explanation (12/08/2011)
> RHC: QII/2011 Operation explanation (12/08/2011)
> VNF: QII/2011 Operation explanation (12/08/2011)
> TNA: QII/2011 Operation explaination (Parent company) (11/08/2011)