VHC: Explanation for business result in QIII/2011
VinhHoan Corp (HOSE: VHC) explained the fluctuation in the consolidated financial statements in QIII/2011 compared to QIII/2010:
By: VND
QIII/2011
QIII/2010
Difference
Net revenue
1,131,033,568,552
670,777,047,751
+68.62
Profit after tax of the parent company
83,296,422,043
62,405,901,562
+33.4
The Corporation’s revenue in QIII/2011 increased 33.48% from 2010.
Mainly the revenue from selling in QIII/2011 increaed 68.62% compared to QIII/2010. The parent company mainly has produced products from its own material sources, so cost was lower than the cost of market and contributed the profit in the period.
HOSE
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> HBD: Business operational explanation (16/11/2011)
> HBB: Business operational explanation (16/11/2011)
> HPR: Board resolution (16/11/2011)
> TLT: Extraordinary General Meeting of Shareholders 2011 results (17/11/2011)
> ACL: Explanation for business result in QIII/2011 (15/11/2011)
> PNC: Explanation for business result in QIII/2011 (15/11/2011)
