SDY: Business operational explanation
According to the Financial Statement Quarter III/2011, operating result increased over 10% in compare to Quarter III/2010. Song Da Yaly Cement JSC (HNX: SDY) explained the increase in operating result in QIII/ 2011 as follows:
Items
QIII/2011(VND)
QIII/2010(VND)
Change
VND
%
Revenue
52,742,174
45,958,079
6,784,095
14.76
Profit
-2,080,671
-2,465,243
384,572
15.60
- The price of cement went up; the progress of Xekaman hydroelectricity was implementing quickly
- In QIII/2011, expenses of selling, administration and banking interest decreased; the Company issued new internal regulations of administration making expenses reduced.
HNX
> 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)
> VSC: Resolution of the Board of Directors (04/11/2011)
> TCL: Resolution of the Board of Directors (04/11/2011)
> LHG: Resolution of the Board of Directors (08/11/2011)
> HBC wins Gate Towers Project (16/11/2011)
> FPT: Resolution of the Board of Directors (07/11/2011)
