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HDG: Explanation for business result in Quarter 1/2012
Ha Do Group Joint Stock Company has explained the fluctuation in business result in Quarter 1/2012 compared to Quarter 1/2011:
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No
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Targets
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Quarter 1/2012
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Quarter 1/2011
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Different (%)
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|
1
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Revenue from selling
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86,155,785,604
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4,939,764,620
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245
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2
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Cost of goods sold
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83,804,232,493
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5,083,668,154
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456
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3
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Revenue from financial
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2,688,918,234
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1,279,718,578
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(76)
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4
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Profit after tax
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3,615,753,890
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0,816,924,686
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(67)
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- Profit in Quarter 1/2012 decreased 67% compared to the same period of 2011 because:
- In Quarter 1/2012 revenue was mainly revenue from construction, so revenue in Quarter 1/2012 rose 245% compared to the same period of last year but cost of goods sold increased 456% compared to Quarter 1/2011.
- Revenue from financial went down 76% compared to the same period of 2011.
HOSE
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