HLG: Explanation for business result in QII.2011
Hoang Long Group (HOSE: HLG) explained the fluctuation in profit after tax between Quarter II/2011 and Quarter II/2010:
• Profit after tax in Quarter II/2011: VND18,822,104,325
• Profit after tax in Quarter II/2010: VND13,373,022,470
The profit after tax in Quarter II/2011 increased VND5,449,081,855 from Quarter II/2010 because processing and trading aquatic products in Quarter II/2011 were more effective than Quarter II/2010.
HOSE
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