VTF: Explanation for business results
Viet Thang Aquafeed (HOSE: VTF) has explained profit before tax in quarter 3/2011 increased VND36.93 billion beside quarter 3/2010 as follows:
- Net Revenue in quarter 3/2011 increased VND147.43 billion compared with the last same year but cost of goods sold reached VND128.77 billion leading to gross profit increased VND18.66 billion (48.42%). Reason: output prices increased 4.57% compared with the same last year 2010, the average net selling of finished products increased VND27.07% compared with the same last year but the average of costs increased VND26.93%
- Financial incomes in quarter 3/2011 increased VND2.66 billion compared with the same last year because in quarter 3/2011 the company has received profit from liabilities by VND2.31 billion
- Financial expenses in quarter 3/2011 decreased VND10.88 billion (54.442%) because the losses from rate difference exchange decreased VND6.39 billion and interest expenses decreased VND4.49 billion
- Selling expenses in quarter 3/2011 increased VND0.47 billion (19.24%) because selling product increased leading to expenses increased. Beside, material price increased and the staff costs increased.
HOSE
> VFMVF1: NAV from 13 Oct 2011 to 20 Oct 2011 (05/11/2011)
> VFMVF4: NAV from 13 Oct 2011 to 20 Oct 2011 (05/11/2011)
> VFMVFA: NAV from 13 Oct 2011 to 20 Oct 2011 (05/11/2011)
> CII: CII transfers investment capital (05/11/2011)
> PTC: Business situation until 30 Sep 2011 (05/11/2011)
> VTB: Explanation for business result in QIII/2011 (24/10/2011)
> VNG: Resolution of the BOD (24/10/2011)
> VKP: Explanation for business result in QIII/2011 (24/10/2011)
> IVS: Adjustment on business plan of 2011 (25/10/2011)
> SAM: Resolution of the BOD (05/11/2011)