PDA

View Full Version : ATA: Explanation for business results in quarter 3/2010



kieudiemvje
24-11-2010, 11:34 AM
NTACO Company (HOSE: ATA (http://finance.vietstock.vn/StockDetail.aspx?scode=ATA&q=ATA&language=en)) has explained profit in quarter 3/2010 decreased more than that in quarter 3/2009 because:
• Financial incomes decreased more than that in the quarter 3/2009.
• Financial expenses were high because the company was not subsidized exporting interest as in the quarter 3/2009.
• Tax expenses increased higher than those in quarter 3/2009 because the time for preferential income tax was expired. Therefore, the profit was down in the quarter.