Monday, 07/11/2011 17:22

SDB: Business operational explanation

According to the Financial Statement Quarter III/2011, profit after tax decreased over 10% in compare to Quarter III/2010. Song Da 207 JSC (HNX: SDB) explained the decrease in operating result in QIII/ 2011 as follows:

The profit after tax of QIII/2011 is VND -9,981,216,750 with a decrease of 268.05% compared to compared to QIII/2010 (VND 3,723,623,967). This becauses:

- Gross goods sale decreased to 30%;

- Financial expenses increased to 347.66%.

HNX

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