NIS: QII-2011 Operating results explanation
Network Infrastructure Services JSC (HNX: NIS) to announce its operating results explanation in QII–2011 as follows:
- Company’s name: Network Infrastructure Services JSC
- Stock code: NIS
- Head office: 9thFloor, D building, Sport Hotel, Hacinco student village, Thanh Xuan, Hanoi
- Phone number: 04.37854291; Fax: 04.37854265
- Network Infrastructure Services JSC explained the increase in operating result in QII-2011 as follows:
+ Profit after tax in Quarter II-2010: VND 931,472,413
+ Profit after tax in Quarter II-2011: VND 131,992,268
+ Change between Quarter II-2011 and Quarter II-2010: decreased by VND 799,480,145 (86%)
The main reasons leading the change in profit include:
- Interest expenses of Banks, credit institutions increased
- Expenses for annual maintenance, unexpected repair of BTS station increased, price of replaceable materials increased
- Administration expense increased because inflation rose sharply.
HNX
|