Thursday, 24/11/2011 00:41

HLG: Explanation for business result in Q3/2011

Hoang Long Group (HOSE: HLG) explained the difference in business results between Q 3/2011 and Q 3/2010:

• Profit after tax in Q 3/2011: VND6,604,074,606

• Profit after tax in Q 3/2010: VND9,967,733,076

• Profit after tax in Q 3/2011 decreased by VND3,363,658,470 compared to Q 3/2010 because of the effect of flood in the Mekong River Delta, increase in bank interest rates and foreign exchange difference.

HOSE

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