MDG: Explanation for business results in QIII.2011
Mien Dong JSC (HOSE: MDG) has explained business results in QIII/2011 compared to QIII/2010 because:
Unit: VND
Items
QIII/2011
QIII/2010
Ratio (%)
Revenue
31,923,225,128
89,276,048,872
-64
Profit after tax
147,570,935
10,770,715,941
-99
- In QIII/2011, the construction that MDC work has basically ended. The real estate market freeze made lower profit to lower sales in real estate. Financial expenses in QIII/2011 increased because high interest expenses.
HOSE
> PAN: Explanation for business result in Q3.2011 (20/12/2011)
> VPL: Announcement of the record date for delisting stock (20/12/2011)
> PVR: Board resolution (20/12/2011)
> PVL: General Mandate via a ballot (19/12/2011)
> ELC: Explanation for business results in QIII/2011 (19/12/2011)
> DSN: BOD resolution (19/12/2011)
> DCT: Explanation for the business results in QIII.2011 (19/12/2011)
> CCL: Explanation for business result in Q3.2011 (19/12/2011)
> SVC: Explanation for business result in QIII.2011 (19/12/2011)
> NTB: Explanation for business result in Q3.2011 (16/12/2011)
