Wednesday, 14/03/2012 23:32

ICF: Explanation for business result in Quarter 4/2011

Investment Commerce Fisheries Corporation gave reasons causing the decrease over ten percent in profit in Quarter 4/2011 compared to Quarter 4/2010:

Sales in Quarter 4/2011 decreased 12.01% over Quarter 4/2010 because Production expenses in 2010 increased highly. Therefore, the Company’s profit in Quarter 4/2011 was lower than profit in Quarter 4/2010. 

hose

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