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

According to Financial Statement QIV.2011, profit after tax was VND 2,676 million with a decrease of VND 891 million compared to QIV.2010. Thang Long Wine JSC explained decrease in operating result as follows:

- Input materials increased sharply year on year.

- Interest expenses increased from VND 4,942 million in 2010 to VND 9,305 million in 2011

- In 2011, the Company moved production branch to Le Chi so it had to pay accrued expenses. 

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