SMA: Explanation for business result in QIII/2011
Sài Gòn Machinery Spare Parts JSC (HOSE: SMA) explained the difference in profit after tax in QIII/2011 and Quarter 2/2010:
• Profit after tax in QIII/2010: VND4,715,170,302
• Profit after tax in QIII/2011: VND2,319,299,475
• Profit after tax in QIII/2011 decreased 50.8% from QIII/2010 mainly because of interest expenses increased 48.12% compared with QIII/2010:
• Interest expenses in QIII/2010: VND2,880,884,878
• Interest expenses in QIII/2011: VND5,552,951,685.
HOSE
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