Wednesday, 20/11/2013 10:46

TMT: Explanation for consolidated business result in Q3, 2013

TMT Automobile Joint Stock Company explained business result in Q3/2013 compared to Q3/2012 as follows:

Profit in Q3/2013 was VND3 billion, decreasing VND4 billion compared to the same period of 2012.

TMT has been looking for global brand partners to cooperate with to produce, assembly automobiles with high quality in the future. Financial expenses of TMT decreased because of revaluation of foreign exchange differences. Profits from subsidiaries in Q3/2013 increased 1.5 times compared to the period because of tight cost control.

HOSE

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