HAI: Explanation for business result in QII/2011
H.A.I JSC (HOSE: HAI) explained the business fluctuation in QIIS/2011 (from April 01, 2011 to June 30, 2011) loss VND4,288,254, reason the following as follows:
- In quarter 3.2011 revenue decreased from VND287,524,719,426 to VND107,094,070,427.
- Expenses:
+ Financial expenses increased from VND6,744,246,422 to VND12,647,451,670 (87.73%). In which interest expenses decreased from VND5,520,945,851 to VND4,418,967,334 but higher than compared with the same period last year (VND2,660,986,678)
+ General & administrative expenses increased from VND88,769,518 to VND4,492,458. Losses in quarter 3.2011 because revenue decreased not sufficient good the deficit to fixed cost.
HOSE
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