Wednesday, 24/10/2012 16:56

CTI: Explanation for business result in Q3/2012

Cuongthuan Investment Corporation has explained the fluctuation in business result of Quarter 3/2012 compared to Quarter 3/2011:

-         Profit after tax in Quarter 3/2012: VND1,659,107,119

-         Profit after tax in Quarter 3/2011: VND915,834,510

-         Increased: 81.16%

-         Compared to Quarter 2/2011, CTI’s profit after tax in Quarter 3/2012 increased 81.16% because:

+         Revenue went up 13.11% thanks to revenue from production and trading of concrete sewer pipe

+         Selling expense fell 41% and interest expense decreased 16.4%.

HOSE

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