SD9: Business operational explanation

According to the Financial Statement QIII/2011, the profit after tax decreased over 52% in compare to QIII/2010 and the profit after tax of accumulated of first 9 months of 2011 decreased 52% compared with the same period of 2010. Song Da No.9 JSC (HNX: SD9) explained the decrease in operating result in QIII/ 2011 as follows:

- In first 9 months of 2011, the investment reclaim was slow, beside of high rate of banking interest that caused borrow expenses increase;

- There are no tax-deductible in 2011;

- The profit from associates decreased.

HNX

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