Wednesday, 03/08/2011 10:36

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

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