LHC: QII-2011 Operating results explanation
According to the Financial Statement Quarter II/2011, profit after tax of the Company increase by 18% year on year. Lam Dong investment hydraulic construction JSC (HNX: LHC) explained the increase in operating result in QII-2011 as follows:
Reason for the increase is that some projects were paid by investors to cover the change in price of materials and manpower.
HNX
> NIS: QII-2011 Operating results explanation (03/08/2011)
> TRC: Explanation for profit in QII/2011 (03/08/2011)
> MHC: Explanation for business result in QII/2011 (03/08/2011)
> MCP: Explanation for business result in QII.2011 (03/08/2011)
> GMD: Explanation for business result in 6 months of 2011 (03/08/2011)
> DMC: Resolution of the BOD (03/08/2011)
> CTG: Vietinbank sets up a branch in Germany (03/08/2011)
> DLG: Explanation for business result in QII.2011 (03/08/2011)
> CLSC: Founding a trading office (03/08/2011)
> WSS: WSS closes a trading office (03/08/2011)