DCS: Explanation for consolidated business performance in Quarter 3/2013
On 22/11/2013, Dai Chau Group Joint Stock Company announced explanation for increase of profit of 100.053% (VND 705,378) in Quarter 3/2013 year on year as follows:
- The Government implemented expansionary monetary policy, fiscal policy and supporting policies (exempting, decreasing, extending tax) to solve some difficulties for enterprises.
- In 2013, banking interest rate decreased strongly so financial expense of the Company decreased, which contributed to decrease loss of the company.
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