CDC: Explanation for business results in Q1/2012
Chuong Duong Corporation has announced explanation for business result (parent company) in quarter 1/2012 as follows:
- Profit before tax in Quarter 1/2012 of parent company was 4,997 billion dongs decreasing 63% compared to the same period of last year. - Consolidated profit before tax in Quarter 1/2012 was 4,474 billion dongs decreasing 55% compared to the same period of last year. Mainly because: - Revenue in Quarter 1/2012 of parent company was 39,545 billion dongs decreasing 56% compared to Quarter 1/2011. - Consolidated revenue in Quarter 1/2012 was 43,368 billion dongs decreasing 57% compared to Quarter 1/2011. - Besides, interest rate expense in quarter 1/2012 increased 183% compared to the same period of last year.
- Profit before tax in Quarter 1/2012 of parent company was 4,997 billion dongs decreasing 63% compared to the same period of last year.
- Consolidated profit before tax in Quarter 1/2012 was 4,474 billion dongs decreasing 55% compared to the same period of last year. Mainly because:
- Revenue in Quarter 1/2012 of parent company was 39,545 billion dongs decreasing 56% compared to Quarter 1/2011.
- Consolidated revenue in Quarter 1/2012 was 43,368 billion dongs decreasing 57% compared to Quarter 1/2011.
- Besides, interest rate expense in quarter 1/2012 increased 183% compared to the same period of last year.
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