HAI: Explanation for business result in Quarter 1/2012
H.A.I Joint Stock Company explained the business fluctuation in Quarter 1/2012 (from October 01, 2011 to December 31, 2011) compared to Quarter 1/2011 as follows:
Sales in Quarter 1/2012 was VND153,732,115,903 compared to VND144,609,732,422 of Quarter 1/2011 increasing VND9,122,383,481. But profit after tax in Quarter 1/2012 was VND1,548,361,190 compared to VND6,255,384,682 of Quarter 1/2011 mainly because cost of goods sold rose leading gross profit in Quarter 1/2012 went down VND10,749,255,632 compared to the same period 2011.
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