VMC: QII/2011 operation explanation

Vimeco JSC (HNX: VMC) explained for the change in Consolidated Financial Statement Quarter II/2011 as below:

Profit after tax in Quarter II/2011 decreased by 69.1% year on year. Main reason for the decrease is that gross sales of merchandise and services in Quarter II/2011 decreased by 26.23% year on year. Besides, financial expenses rose 47.08% year on year. Because of those reasons and increase in input materials, profit after tax in Quarter II/2011 was influenced year on year.

HNX

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