VTB: Explanation for business result in QIII/2011
Viettronics Tan Binh JSC (HOSE: VTB) has explained the fluctuation in profit and loss in Quarter 3/2011 compared to Quarter 3/2010:
As the prices of input materials have been still high and the Company has been in fierce competition, the Company has to execute necessary measures to maintain its market share. Therefore, its profit in this quarter was lower than profit in Quarter 3/2010. From Quarter 4/2011, the Company has plans to restructure operations in order to get business targets.
HOSE
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