Monday, 13/02/2012 19:04

DBC: Explanation for change of over 10% in operating result in Financial Statement QIV.2011 of holding company

According to Financial Statement QIV.2011 of holding company, profit after tax of QIV.2011 increased by VND 102,800 million equaling 484% year on year. DABACO Group explained increase in operating result in QIV.2011 as follows:

- In QIV.2011, the consumption of cattle-feed increased by 34% year on year. Therefore, revenue from main operations increased by VND 458,727 million equaling 72% and profit from main operations increased by VND 89,233 million equaling 226% year on year.

- The Company has amount of unused money which is depositing in banks. Thus, revenue from bank deposit increased by VND 17,781 million year on year and profit from financial activities increased by VND 13,567 million.

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