VSH: Explanation for business results in QIII/2011
Vinh Son - Song Hinh Hydropower JSC (HOSE: VSH) has explained business results in QIII/2011 beside QIII/2010 as follows:
Items
Unit
QIII/2010
QIII/2011
+/- Change
% Change
1. Electric production:
- Production
Million Kwh
161.09
168.33
+7.24
+4.49
- Revenue
Billion dongs
69.00
72.10
+3.10
- Expenses
48.95
40.79
+8.16
-16.67
- Profit
20.05
31.31
+11.26
+56.16
2. Financial items
- Financial incomes
29.69
32.09
+2.4
+8.08
- Financial expenses
13.30
4.62
+8.68
-65.26
16.39
27.47
+11.08
+67.60
3. Others
- Other revenue
0.17
0.11
-0.06
-35.29
- Other expenses
0.03
0.01
-0.02
-66.66
0.14
0.10
-0.04
-28.57
4. Total profit before tax
36.60
58.88
+22.28
+60.87
5. Total profit after tax
23.71
56.87
+33.16
+139.85
Profit after tax in QIII/2011 increased 33.16 billion dongs (139.85%) compared with profit after tax in QIII/2010 because the reason as following:
+ Expenses of electric product decreased because deductions decreased
+ Financial expenses decreased because difference exchange rate decreased.
HOSE
> SQC: General Mandate via a ballot (16/11/2011)
> 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)
> REE: Explanation for business result in QIII/2011 (15/11/2011)
> VFMVFA: NAV from 03 Nov 2011 to 10 Nov 2011 (15/11/2011)
> VFMVF4: NAV from 03 Nov 2011 to 10 Nov 2011 (15/11/2011)
