PNC: Explanation for business result in QIII/2011
Phuong Nam Cultural JSC (HOSE: PNC) explained the fluctuation in profit after tax in QIII/2011 compared to QIII/2010:
• Interest expense in QIII/2011 increased more highly than the same period of 2010, so the borrowing cost went up
• Selling expense and administrative expense rose because of inflation, exchange rates, etc
• In QIII/2010, the Corporation put some assets into liquidation to increase other incomes.
HOSE
> REE: Explanation for business result in QIII/2011 (15/11/2011)
> VFMVFA: NAV from 03 Nov 2011 to 10 Nov 2011 (15/11/2011)
> VFMVF4: NAV from 03 Nov 2011 to 10 Nov 2011 (15/11/2011)
> VFMVF1: NAV from 03 Nov 2011 to 11 Nov 2011 (15/11/2011)
> MAFPF1: NAV from 03 Nov 2011 to 10 Nov 2011 (15/11/2011)
> SFC: Explanation for business result in Q3/2011 (16/11/2011)
> PAC: Explanation for business result in Q3/2011 (16/11/2011)
> FDC: Resolution of the Board of Directors (16/11/2011)
> CMG: Explanation for business result in Q3/2011 (15/11/2011)
> VES: Explanation for business result in QIII/2011 (15/11/2011)