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



kieudiemvje
24-11-2010, 11:35 AM
Minh Phu Seafood Joint Stock Company (Minh Phu Seafood Corp.) (HOSE: MPC (http://finance.vietstock.vn/StockDetail.aspx?scode=MPC&q=MPC&language=en)) has explained profit after tax in quarter 3/2010 increased 178.53% beside quarter 3/2009 because:
• The market has recovered and revenue increased 54.29% in quarter 3/2010 beside quarter 3/2009.
• Price of shrimp increased highly because of the oil spill at Mexico Bay.
• The time of the ending of year is the season of shrimp business.