|
ELC: Explanation for business results in QIII/2011
Electronic Communications Technology Investment Development Corporation (HOSE: ELC)) has explained for difference between profit after tax in QIII/2011compared with in QIII/2010 consolidated as follows:
- Profit after tax in QIII/2011: VND34.96 billion
- Profit after tax in QIII/2010: VND61.22 billion
- Decreased: VND26.26 (42.89%)
Reason: Revenue from sales and services in QIII/2011 decreased compared with QIII/2010 because projects, contracts are still in the process deploying, delivering, not settlement, acceptance
Selling expenses, general & administrative expenses in QIII/2011 increased compared with the same period of last year. Main reason economic difficulties, the Government continue to tighten monetary policy, inflation, market prices leading selling expenses, general & administrative expenses increase.
HOSE
|
