VINACHEM

QuarterIII/2013 , Net revenue of Da Nang Rubber Joint Stock Company ( DRC ) reached629.78 billion VND and Profit after tax reached 90.457 billion VND.

Compared with the same period , Net revenue decreased 3 %. However,the company has reduced the cost price of commodity which makes the grossprofit increased 24.5 % equivalent with the same period, reaching 168.227billion VND. Profitafter tax of DRC reached 90.457 billion VND, up 22.5 % compared to the sameperiod last year.

Notably, during this period , financial expenses increased by 2.4 times andreached 21.65 billion VND (mainly cause by incur losses from exchange rate andbank interest ) .

In 9 months , net revenue of DRC reached 2,008.122 billion VND, down 5.5 % comparedwith the same period last year. Profitafter tax reached 279.28 billion VND, up 28.2 % compared with the same period .Thus,DRC has completed 90 % of the profit after tax plan for whole year (312.8billion VND).