Wednesday, 16/11/2011 17:44

DCS: Business operational explanation

According to the Financial Statement Quarter III/2011, profit after tax of Quarter III/201 decreased by 88.86% year on year. Dai Chau JSC (HNX: DCS) explained the decrease in operating result in Quarter III/2011 as follows:

- Interest expenses were much higher year on year

- Input material costs increased sharply

- Revenue of the Company mainly comes from exporting rubber to China. But in QIII.2011, boarder trade with China was closed, so the rubber export was stagnant. And revenue fell significantly.

HNX

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