Monday, 20/02/2012 18:59

CTV: Explanation for change of over 10% in operating result in QIV.2011 compared to QIV.2010

Viet Nam Investment – Production and Trading JSC explained for change of over 10% in operating result in QIV.2011 as follows:

- Revenue in QIV.2011 decreased by VND 6,724,630,798, which made gross profit decrease by VND 2,035,111,198

- Financial expenses in QIV.2011 increased by VND 206,370,870. Reason for the increase is that the Company set up financial reserve fund for long-term investment of VND 340,000,000 (CTM shares- VINAVICO investment, construction and mining JSC) as of 31/12/2011

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