VFC: Explanation for business results in Q1/2012

Vinafco Joint Stock Corporation (VINAFCO) has announced explanation for consolidated business result in quarter 1/2012 as follows:

-         Revenue in Quarter 1/2012 was more stable than Quarter 1/2011 because customers of VINAFCO were most long-term contract.

-         Cost of goods sold in Quarter 1/2012 rose because materials increased, mainly price of oil went up and fixed assets depreciation expense.

-         Financial expense decreased because VINAFCO delayed the financial provision for a provision financial investment was made in December 31, 2012. 

HOSE

>   CDC: Explanation for business results in Q1/2012 (28/05/2012)

>   PNC: Explanation for business result in Q1/2012 (28/05/2012)

>   VHC: Reminded to submit financial statements (28/05/2012)

>   TDH: Explanation for differences in the consolidated profit in Q4.2011 (28/05/2012)

>   SFI: Resolution of Annual General Meeting 2011 (28/05/2012)

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>   HUT: Change in Business Registration Certificate (28/05/2012)

>   VAT: Time and Place for Annual General Meeting of Shareholders (28/05/2012)

>   KTS: Results of Annual General Meeting of Shareholders 2012 (28/05/2012)

>   V11: Notice of record date for Annual General Meeting of Shareholders (28/05/2012)