Thursday, 03/11/2011 09:02

TBC: Explanation for business result in QIII/2011

Thac Ba Hydropower JSC (HOSE: TBC) has explained the fluctuation in business result between QIII/2011 and QIII/2010:

• Profit after tax in QIII/2010: VND25,646,783,825

• Profit after tax in QIII/2011: VND8,374,934,662

• Profit after tax in QIII/2011 was lower than profit after tax in QIII/2010 because the mobilization production of buyer party in QIII/2011 was low although the level of water flowing into lake was stable, and the electricity production in September 2011 was recorded in the revenue of Quarter 4/2011.

HOSE

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