SD9: Business operational explanation
According to the Financial Statement Quarter III/2011, the operating result decreased over 10% in compare to Quarter III/2010. Song Da No.9 JSC (HNX: SĐ)explained the decrease in operating result in QIII/ 2011 as follows:
Unit: VND million
Items
QIII/2010
QIII/2011
Decrease
First 9 months of 2010
First 9 months of 2011
Profit before tax
17,502
8,324
9,178
(52%)
54,024
31,276
22,748
(42%)
Profit after tax
15,670
6,999
8,671
(55%)
48,582
24,164
24,418
(50%)
- In first 9 months of 2011, interest expenses increased because of low progress of investment reclaim and high banking interest;
- In 2011, the Company had to pay 25% income tax without 50% deduction.
HNX
> SDC: Business operational explanation (07/11/2011)
> SDE: Business operational explanation (03/11/2011)
> DJ: Business operational explanation (03/11/2011)
> SDN: Business operational explanation (04/11/2011)
> SDN: Business operational explanation (03/11/2011)
> PVI: Business operational explanation (03/11/2011)
> HPR: Business operational explanation (03/11/2011)
> HJS: Business operational explanation (03/11/2011)
> DCS: Business operational explanation (07/11/2011)
> DCS: Business operational explanation (16/11/2011)
