STC: Explanation for the change of over 10% in profit after tax in Quarter IV/2011
According to the Financial Statement Quarter IV/2011, profit after tax is VND 3,439,711,984 with an increase of VND 615,822,345 (21.81%) compared to Quarter IV/2010. Book and Educational Equipment JSC in Ho Chi Minh city explained the increase in profit after tax in QIV/2011 as follows:
- Revenue from retail reference books increased.
- Minimize expenses.
- Increase the production of books and school equipment.
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