Tuesday, 06/09/2011 22:40

MPC: QII/2011 business explanation

Minh Phu Seafood Group Corporation (HOSE: MPC) explained reasons causing the consolidated profit after tax in QII/2011 lower than in QII/2010:

- The inflation made the input material price increase sharply, so the operating cost went up highly

- Bank interest rates continuously rose and affected the cost of the borrowing. Therefore, the financial expense increased and the consolidated profit after tax in QII/2010 decreased 38.34% compared to the consolidated profit after tax in QII/2010.

HOSE

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