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KSH: Explanation for business result in Q3/2011
Hamico Group Mineral JSC (HOSE: KSH) has explained reasons causing the decrease in profit after tax of QIII/2011 compared to QIII/2010:
By: VND
|
No. |
Items |
QIII/2011 |
QIII/2011 |
|
1 |
Sales |
13,668,724,881 |
17,006,150,775 |
|
2 |
Other income |
17,727,273 |
6,317,828,546 |
|
3 |
Financial income |
2,716,587 |
5,850,329 |
|
4 |
Total expense |
11,632,548,136 |
14,354,227,181 |
|
5 |
Profit before tax |
2,056,620,605 |
8,975,602,469 |
|
6 |
Profit after tax |
1,542,465,454 |
7,853,652,161 |
- Profit from business operations of QIII/2011 was lower than profit in QIII/2010 because sales of QIII/2011 decreased and expenses such as interest expense, selling expense and administrative expense in QIII/2011 were higher than expenses in QIII/2010
- Besides, other income in QIII/2011 was so lower than the same period last year, so other profit in QIII/2011 decreased compared with QIII/2010.
HOSE
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