Tuesday, 18/10/2011 17:20

SCD: Explanation for business result in QIII/2011

Chuong Duong Beverages JSC (HOSE: SCD) has explained the difference in business profit between QIII/2011 and QIII/2010 according to the financial statements by Chuong Duong Beverages JSC:

• The company’s profit in Quarter 3/2011 was equal to 20.1% of plan 2011 and 121.8% higher than the same period of 2010

• Reason: The company’s financial income increased 42.8% from QIII/2010 because of bank interest. And, selling expenses was just equal to 62.2% from the same period of last year thanks to the decrease in advance payables such as selling and marketing expenses.

HOSE

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