SBT: Explanation for business result in QIII/2011
Société De Bourbon Tay Ninh (HOSE: SBT) explained the fluctuation in business results in QIII/2011 compared to QIII/2010:
• The Company balanced the quantity of sugar inventory, so the Company could proactively sell sugar according to its plan. The selling quantity of sugar decreased 21% from the same period of last year
• The cost of goods sold in QIII/2011 on each product increased 31% from QIII/2010 because of the increase in input expenses
• Incomes from financial investment and others has fluctuated but accounted for small proportion
Although the selling price rose 13% from the same period of last year, the main reasons above made the profit before tax in QIII/2011 decrease VND56 billion, or 36%, from QIII/2010.
HOSE
> SFC: Explanation for business result in QIII/2011 (07/11/2011)
> SDB: Business operational explanation (07/11/2011)
> S64: Business operational explanation (07/11/2011)
> SGD: Board Resolution (07/11/2011)
> SDY: Business operational explanation (08/11/2011)
> TVD: Results of extraordinary general meeting of shareholders (07/11/2011)
> GFC: Establishment of branch (07/11/2011)
> S96: Board Resolution (04/11/2011)
> ECI: Board Resolution (04/11/2011)
> TCS: Business operational explanation (08/11/2011)