Wednesday, 16/11/2011 14:12

SFC: Explanation for business result in Q3/2011

Saigon Fuel Company (HOSE: SFC) explained the fluctuation in profit after tax in Quarter 3/2011 compared to Quarter 3/2010:

According to the financial statements of Saigon Fuel Company (Parent company), profit after tax was:

- In Quarter 3/2010: VND 39,499,427,687

- In Quarter 3/2011: VND 8,323,700,105

Profit in Quarter 3/2010 was higher than in Quarter 3/2011 because:

- In Quarter 3/2010, the Company had incomes from project transfer.

- The gross profit of petrol in Quarter 3/2011 was lower than profit in Quarter 3/2010.

HOSE

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