IDI: Explanation for business result in QIII/2011
International Development & Investment Corporation (HOSE: IDI) has explained the fluctuation in profit after tax in QIII/2011 compared to QIII/2010:
• Profit after tax in QIII/2011 was VND20,048,740,680 decreasing 37.26% from QIII/2010, because of the following reasons:
• In Quarter III/2010, the Company had revenue and income from construction activities and profit in QIII/2010 rose sharply, while profit this year was mainly from processing and exporting aquatic products
• Price of tra fish material increased 5 % - 10% and made the cost of goods sold increase and profit from sales decrease.
HOSE
> THG: Explanation for business result in QIII. 2011 (09/11/2011)
> FPT: Explanation for business result in QIII. 2011 (09/11/2011)
> SEL: Business Operational Explanation (09/11/2011)
> HU3: Explanation for business results in QIII/2011 (09/11/2011)
> ELC: Explanation for business results in QIII/2011 (09/11/2011)
> IMP: Explanation for business results in QIII/2011 (09/11/2011)
> TLH: Resolution of the Board of Directors (11/11/2011)
> UDC: Record date for consulting shareholders (09/11/2011)
> BTP: Business operational explanation (08/11/2011)
> DQC: Resolution of the BOD (08/11/2011)