Saturday, 04/02/2012 17:39

ACC: Explanation for business result in Q4/2011

Becamex Asphalt and Concrete Joint Stock Company explained the difference in profit after tax in Quarter IV/2011 compared to Quarter IV/2010:

- Profit after tax in Quarter IV/2011: VND13,132,683,743

- Profit after tax in Quarter IV/2010: VND17,483,174,208

Reason:

In 2011, because the global economy has not recovered, foreign investment in Vietnam decreased, and the government reduced public investment. Besides, the workload of projects in Quarter IV/2011 decreased 20% compared to Quarter IV/2010 because of rainy weather.

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>   STC: Explanation for the change of over 10% in profit after tax in Quarter IV/2011 (04/02/2012)

>   SDH: Board resolution on Operating result of 2011 and Plan of 2012 (02/02/2012)

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>   VTF: Explanation for business result in Q4.2011 (02/02/2012)

>   GIL: The BOD approves Q4/2011 financial statements (02/02/2012)

>   APG: Explanation for the change in operating result in QIV/2011 (02/02/2012)

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