Thursday, 04/08/2011 17:42

SGC: QII-2011 Operating result explanation

According to the Financial Statement QII-2011, profit is increased 583% (Holding company) and 117% (Consolidated) in compare to Quarter II/2010. Sa Giang Import and Export Corporation explained the increase in operating result in QII-2011 as follows:

- The holding company had reclaimed profit of 2010 from subsidiaries with value of VND 8,293,101,270 for dividend payment. This cause financial income increased

- The holding company started operating of 2 factories in C an A sections in Sa Dec Industrial Zone

- The increase of products price and rate of foreign exchange.

HNX

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