LBM: Explanation for business result in Q4/2009

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VietStock FI English - 98 month(s) ago 8 readings

Lam Dong Mineral and Building Material Joint Stock Company (LBM) has explained the business differences of quarter 4/2009 and quarter 3/2009 as follows:

Profit before tax reached VND5,123,686,123 and increased VND3,550,861,839 in quarter 4/2009 beside the result in quarter 3/2009.

Reasons: LBM gained financial incomes from capital surplus of the 2009 share issue and profits from subsidiaries increased in quarter 4/2009 higher than that in quarter 3/2009.

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