Monday, 12/03/2012 23:15

VCF: Explanation for business result in Q4.2011

According to the financial statements in Quarter 4/2011, profit of Vinacafé Biên Hoa Joint - Stock Company increased 22.98% from Quarter 4/2010 because the following reasons:

- Profit from operating activities increased because:

- Selling prices in Quarter 4/2011 rose from the same period of 2010 leading profit in Quarter 4/2011 went up 36.25%.

- Price of coffee rose 15.33%.

- Price of grain rose 21.14%.

- Profit from financial activities increased because of the increases in interest rates and turnover of bank deposit.

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