SDH: QII/2011 Operating explaination
According to the Financial Statement Quarter II/2011, profit after tax is VND billion 82 with a decrease VND billion 3.42 compared to Quarter II/2010. Song Da Infrastructure Construction JSC (HNX: SDH) explained the decrease in operating result in QII/ 2011 as follows:
- The effect of critical time of global economy and high national inflation; cost of construction change unpredictable; difficulty of borrow capital for operating; short of capital of project owners make slow down progress of projects;
- Banking interests were very high that cause financial expenses increase (VND billion 4.63);
- The important projects have not stared until the end of 6/2011 such as Yen Phong II industrial area, Mo Lao urban area (In cooperation with Booyoung Corporation – Korea, VND billion 400), uncased piles of buildings of lot A10 and A14 in Nam Trung Yen resettlement area – Cau Giay, Hanoi (VND billion 100).
HNX
> SVS: Explanation for the change of over 10% in profit after tax in First 6 months of 2011 (10/08/2011)
> SDP: QII/2011 Operating explaination (10/08/2011)
> ABT: Aquatex Bentre to buy back stock (10/08/2011)
> TBC: Extension time of submitting audited financial statements of 06 months 2011 (10/08/2011)
> VFMVFA: NAV from 28 July 2011 to 04 Aug 2011 (10/08/2011)
> VFMVF4: NAV from 28 July 2011 to 04 Aug 2011 (10/08/2011)
> VFMVF1: NAV from 28 Jul 2011 to 04 Aug 2011 (10/08/2011)
> PRUBF1: NAV from 28 Jul 2011 to Aug 2011 (10/08/2011)
> MAFPF1: NAV from 28 Jul 2011 to 04 Aug 2011 (10/08/2011)