DAC: Explanation for change of over 10% in operating result in QIV.2011 compared to QIV.2010
Dong Anh Ceramic Joint –Stock Company explained change in operating result in QIV.2011 as follows:
- Revenue of QIV.2011 decreased by VND 3,577,985,622 and profit after tax decreased by VND 935,266,395
- Consumption of brick in the market decreased meanwhile price of fuel materials increased. Therefore, the Company had to decrease selling price to increase output and reduce inventory.
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