|
S27: Explanation for the floor plunge for 5 consecutive sessions
On 18/11/2011, Song Da 27 JSC (HNX: S27) explained the stock floor plunge for 5 consecutive sessions from 25/10/2011 to 31/10/2011 as follows:
Because the effect of announcing financial statement of QIII/2011, which has decrease of profit before tax compared to QIII/2010.
Unit: VND
|
Items |
QIII.2011 |
QIII/2010 |
|
Profit before tax |
-2,279,852,031 |
166,423,962 |
|
Revenue |
12,999,506,333 |
3,109,210,596 |
|
Banking borrow Interest |
2,512,775,562 |
431,238,872 |
In QIII/2011, operating of brick factory was loss in plan; stone factory has not gained profit yet. Construction operating had lack of capital from projects’ owners that caused increase of financial expenses and other expenses.
HNX
|
