NTB: Explanation for business result in Q3.2011
Transport Engineering Construction & Business Investment Stock Company 584 (HOSE: NTB) explained the fluctuation in business result in Quarter 3/2011 compared to Quarter 3/2010:
- Profit before tax in Quarter 3/2011: (6,326,575,925)
- Profit before tax in Quarter 3/2010: 864,362,936
- Difference: (7,190,938,861)
Reason: In Quarter 3/2011, density of cost of goods sold over revenue, interest expenses increased compared to Quarter 3/2010 because input expenses, interest bank, etc leading profit in Quarter 3/2011 loss and decreased compared to Quarter 2/2010.
HOSE
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