POT: Explanation for the change of over 5% in operating result in QII- 2010
According to the Financial Statement Quarter II/2010, net income decreased more than 10% compared to Quarter I/2010. Post and Telecommunication Equipment JSC explained the decrease in operating result in QII/ 2010 as follows:
- Revenue of Quarter II/2010 increased VND 7.7 bil compared to Quarter I/2010.
- Total expenses of Quarter II/2010 increased VND 9.3 bil compared to Quarter I/2010, in which majority of the increase came from interest expenses of bank loans. Therefore, profit of Quarter II/2010 decreased compared to Quarter I/2010.
hnx
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