TAC: Explanation for business result in Q3/2011

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VietStock FI English - 20 month(s) ago  readings

Tuong An Vegetable Oil JSC (HOSE: TAC) has given reasons causing the fluctuation over ten percent in profit between Quarter 3/2011 and Quarter 3/2010:

In Quarter 3/2011, input expenses increased and bank interest rates also rose, so the Company’s financial expense went up. Although the Company’s profit in Quarter 3/2011 was lower than the same period of last year, the Company’s market share and revenue have been maintained and grown.

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