CX8: 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 871,654,455 with a decrease of VND 694,267,827 compared to QIV.2010. CONSTREXIM No. 8 Investment and Construction JSC explained decrease in operating result as follows:
Due to decrease in revenue and increase in expenses, profit of the Company in QIV.2011 reduced year on year.
hnx
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