KDC: CONSOLIDATED PROFIT BEFORE TAX FROM CORE FOOD BUSINESS BY THE THIRD QUARTER REACHED VND383 BILLION.
Kinh Do - Positive business results in 2011 Mid-Autumn Festival
Kinh Do Corporation (Ticker: KDC) ended the 2011 Mid-Autumn Festival with very positive results, reaching a total output of more than 2,100 tons of moon cake. Net revenue from the moon cake business increased 31% from VND497 billion in 2010 to VND651 billion in 2011. Gross profit from 2011 moon cakes revenues increased 26.22% year-on-year, from VND286 billion to VND361 billion. Profit before tax from moon cakes contributed VND182 billion to the consolidated profit before tax, increasing 15.84% compared to last year.