SDH: Business operating explanation
According to the Financial Statement Quarter III/2011, profit after tax is VND million 790 with a decrease VND billion 1.37 compared to Quarter III/2010. Song Da Infrastructure Construction JSC (HOSE: SDH) explained the decrease in operating result in QIII/ 2011 of holding company as follows:
- The salary has increased 246% compared to plan, making construction profit reduce;
- The important projects have not started 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): 06/2011 - 2012, uncased piles of buildings of lot A10 and A14 in Nam Trung Yen resettlement area – Cau Giay, Hanoi (VND billion 100): 06/2011 – 31/12/2012
The Company has signed with IGS Financial Corporation (Korea) for lending Yen Phong II industrial area since 11/2011. This will help the Company reaching the Plan of 2011.
HNX
> SED: Business operating explanation (08/11/2011)
> S99: Board Resolution (31/10/2011)
> TRI: The record date for consulting shareholders (09/11/2011)
> STG: Explanation for business results in quarter 3/2011 (31/10/2011)
> PCG: Business operating results (28/10/2011)
> DBC: Business operating results (28/10/2011)
> SDA: Business operating results (28/10/2011)
> LCS: Notice of record date for a ballot (31/10/2011)
> TMC: Board Resolution (07/11/2011)
> BBC: Explanation for business result in QIII/2011 (28/10/2011)