PVD: Explanation for business result in Q1/2012

PetroVietnam Drilling and Well Services Joint Stock Company explained the fluctuation in business result Quarter 1/2012 and Quarter 1/2011 as follows

- In Quarter 1/2012, profit after tax of the parent company was VND 325 billion, increasing VND 134.9 billion (+71%) compared to the same of last year. Mainly thanks to the stable operation of its drilling rigs and other drilling-related services increase.

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