GIL: Explanation for profit decrease in Q1/08

Binh Thanh Import-Export Production and Trade Joint Stock Company (GILIMEX) has explained for the decrease of its profit in Q1/08 compared to that in Q1/07:

In Q4/07, the company transferred its capital contribution of the project of Binh Hoa commerce residential area; therefore, profit before tax was added VND5.457 billion. It led to decrease of revenue and profit in Q1/08 compared to that in Q4/07.

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