HBD: Explanation for the change of over 10% in operating result in QIV.2011 compared to QIV.2010

According to the Financial Statement Quarter IV/2011, profit after tax of Quarter IV/2011 decreased more than 10% year on year.  Binh Duong PP Pack Making Joint Stock Company explained the decrease in operating result in Quarter IV/2011 as follows:

-  The profit after tax in QIV/2011 decreased by 15.68% (VND 186,000,000) compared to QIV/2010.

-   Profit from goods sale in QIV/2011 decreased VND 575,000,000 compared to QIV/2010. Therefore, the profit decreased by 18.5%

-  Salary payable to the staffs in QIV/2011 increased VND 180,000,000 compared to QIV/2010. Therefore, the profit decreased by 15.1%.

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