DLG: Explanation for business result in QII.2011
Duc Long Gia Lai Group JSC (HOSE: DLG) explained the decrease in revenue and profit after tax in Quarter II/2011 compared to Quarter II/2010 as follows:
In Quarter II/2010, revenue and profit were mainly from production and trade in bridges and roads, fertilizer, and selling of apartments. However, in Quarter II/2011, revenue from fertilizer decreased 85%, revenue from works lost 66% and there was no revenue from selling of apartments. The decrease in revenue and the increase in interest rates made the Company’s profit down.
HOSE
> CLSC: Founding a trading office (03/08/2011)
> WSS: WSS closes a trading office (03/08/2011)
> HAG likely to receive $120 mln in foreign investment (02/08/2011)
> CMV: Explanation for business result in Q2.2011 (01/08/2011)
> V12: Explanation for the change of over 10% in operating result in QII- 2011 (01/08/2011)
> VTV: Explanation for the change of over 10% in operating result in QII-2011 (01/08/2011)
> TLC: Annual General Meeting of Shareholders notice (01/08/2011)
> CYC: Extension of the submission date for Q2.2011 financial statements (01/08/2011)
> ALP: Extension of the submission date for Q2.2011 financial statements (01/08/2011)
> AGR: Establishes a trading office (01/08/2011)