SDE: 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 Electrical Engineering JSC (HNX: SDE) explained the decrease in operating result in QIII/ 2011 as follows:
Unit: VND
Items
QIII/2011
QIII/2010
Change
% change
Profit after tax
-921,762,294
2,160,027,639
3,081,789,933
-334.33
- Gross sales of merchandise and services decrease VND billion 17.570 because some contracts has not liquidated;
- Banking interest had been higher than QIII/2010 that caused financial expenses increase VND million 161;
- The difficulty of economy has affected the Company to sign new contracts, reclaim investment and raise finance.
HNX
> 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)
> PPG: Business operational explanation (04/11/2011)
> VCS: Result of a ballot (17/11/2011)
