Thursday, 17/11/2011 18:10

KTT: Business operational explanation

Thien Truong Power Equipment Investment and Construction JSC (HNX: KTT) explained the decrease in operating result in Quarter III/2011 as follows:

- Due to difficulty of economy, number of projects the Company implemented is few. Therefore, revenue of Quarter III/2011 decreased by 67.8% year on year

- Revenue of the Company was mainly set up from hydroelectric projects which were settled very slowly. Increase in interest and input materials made profit from the project decrease.

HNX

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