Saturday, 10/03/2012 21:49

IDI: Explanation for business result in Quarter 4.2011

International Development & Investment Corporation has explained the fluctuation in loss after tax in Quarter 4/2011:

Loss after tax in Quarter 4/2011 was VND17,132,307,455, because of the following reasons:

- The global economic crisis, Tra fish market difficulties.

- The cost of goods sold increased because price of tra fish material increased.

- Loan interest rate increased leading financial expenses went up.

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