Monday, 09/04/2012 18:49

NVT: Explanation for business results in quarter 4/2011

Ninh Van Bay Real Estate Joint Stock Company (NINH VAN BAY) has explained business result of the parent company in quarter 4/2011:

Parent company profit in quarter 4/2011 was VND179,688,453 increasing VND2,596,558,039 over the same period of 2010 mainly because:

In quarter 4/2011, NINH VAN BAY cut general & administrative expenses, in which:

Wage expenses, advertising expenses and other administrative expenses. Therefore, profit in quarter 4/2011 was higher than quarter 4/2010.

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