MPC: Explanation for consolidated business result in Q3.2014

Minh Phu Seafood Group Corporation explained the increase in the consolidated profit after tax in Quarter 3/2014 compared to Quarter 3/2013:

Profit after tax in Quarter 3/2014: VND234,492 million

Profit after tax in Quarter 3/2013: VND136,472 million

Different: 71.82%

Reason:

-          The firm increased to produce Ring shrimp, Nobashi shrimp, Shushi shrimp…leading to increase competition in US, Japan, EU and Korea…

-     Well-controlling cash flow resulting in lower financial expenses and higher financial income in the period.

HOSE

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