Wednesday, 08/02/2012 22:12

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

According to the Financial Statement Quarter IV/2011, profit after tax of Quarter IV/2011 decreased by 17.47% year on year.  Petrolimex Hanoi Transportation and Trading JSC explained the decrease in operating result in Quarter IV/2011 as follows:

- In Quarter IV/2011, discount for gas and petroleum agents decreased, which led to the decrease in revenue.

- The Company set up the Provisons for loss in long-term investment into Saigon Petrolimex gas taxi JSC.

hnx

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