Tiếng Việt
普通话
The HOSE-listed company generated net revenue of VND651.4 billion in the quarter, down 4.22% from a year back.
Meanwhile costs of goods sold decreased 13.55% on year to VND516.3 billion thanks to a fall in material rubber price fell and cost saving measures.
Financial expenses fell 16.38% on year to VND8.9 billion, leading to a VND1.7 billion rise in profit mainly thanks to lower interest expenses.
However, other elements such as corporate tax, selling expenses, and general and administrative expenses made its profit fall by VND18.3 billion, the firm explained in a filing posted on the HOSE’s website on Oct 18.
In 9M/2012, the firm earned VND217.9 billion net profit on VND2.1 trillion net revenue, versus VND138.5 billion and VND1.97 trillion one year before, respectively.