VNT: 2011's first half business explanation
The Van Cargoes And Foreign Trade Logistics JSC (HNX: VNT) explained the increase in operating result in the first half of 2011 as follows:
Item
First half of 2011 (VND)
First half of 2010 (VND)
Compared to First half of 2010 (%)
Profit after tax
7,057,447,853
8,295,492,115
85.08
Reasons:
- Profit after tax of the first half of 2011 decreased by VND1,238,044,262, equaling 82.08% compared to the first half of 2010 because of the increasing of Financial expenses due to provisioning reserve for allowance for financial investment.
HNX
> VFR: Board Resolution (29/08/2011)
> SD1: Explanation for excluded opinion of the independent auditor (29/08/2011)
> VHC: QII/2011 Operating results explanation (Parent company) (29/08/2011)
> VHC: Explanation for business result in QII/2011 (29/08/2011)
> LGL: Explanation for business result in QII/2011 (29/08/2011)
> PDR: Setting up Branch (29/08/2011)
> PNC: Setting up a subsidiary (29/08/2011)
> HTI: 2011’s first half Audited FS explanation (29/08/2011)
> HAI: Explanation for business result in QII/2011 (29/08/2011)
> FBT: 2011’s First Half Audited FS Submission extension (29/08/2011)
