LCG: Explanation for business result in Q1/2012
LICOGI 16 Joint Stock Company explained the fluctuation in business result Quarter 1/2012 and Quarter 1/2011 as follows
- Profit after tax in Quarter 1/2012 decreased compared to Quarter 1/2011 because in Quarter 1/2012 net revenue decreased 25.93%, cost of goods sold increased 11.22%, financial expense increased 61.03%, other expenses increased compared to Quarter 1/2011 impact to profit after tax.
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