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DIC: Explanation for business result in QIII/2011
DIC Investment and Trading JSC (HOSE: DIC) explained differences in the consolidated financial statements in QIII/2011 compared to QIII/2010:
By: VND
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|
QIII/2011 |
QIII/2010 |
Difference |
Ratio |
|
Net revenue |
261,255,428,515 |
193,257,048,620 |
67,998,379,895 |
135.19% |
|
Profit after tax |
5,075,690,671 |
3,258,417,172 |
1,817,273,499 |
155.77% |
|
Cumulative net revenue |
736,006,146,547 |
662,504,184,125 |
73,501,962,422 |
111.09% |
|
Cumulative profit |
16,291,557,608 |
13,461,584,992 |
2,829,972,616 |
121.02% |
The consolidated net revenue in QIII/2011 increased by 35% and profit after tax increased by 55% from the same period of last year. Reason: The export activities of the parent company and business activities of subsidiaries, joint ventures in QIII/2011 were more effective than QIII/2011 and compensated for the increase in interest expense in part.
HOSE
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