CMV: Explanation for business result in Q1.2012

Camau Trading Joint Stock Company (CAMEX) has explained the fluctuation in business results in Quarter I/2012 compared to Quarter I/2011, according to the Quarter I/2012 consolidated financial statements:

Net income in Quarter I/2012 was VND1,188,527,310,774 increasing 16.67% compared to the Quarter I/2011 net income of VND1,018,633,184,045, because the following reasons:

• Prices of goods and petrol continued increasing.
• Income of subsidiaries in Quarter I/2012 rose from 20% to 36% compared to the same period of last year.

Profit before tax in Quarter I/2012 gained VND12,602,213,250 against VND14,342,486,486  in Quarter I/2011, equivalent to a decrease of 12.13%, because:

• Profit from petrol business decreased sharply because the discounts from importers to general agents went down.
• Profit from department business in Ca Mau market went down .

 

HOSE

>   FPT: Explanation for business result in Quarter 1.2012 (06/06/2012)

>   VSG: Explanation for business result in Q1.2012 (06/06/2012)

>   KMR: The record date for the first 2012 extraordinary shareholders meeting and the payment for bonus shares (06/06/2012)

>   PVS: Results of Annual General Meeting of Shareholders 2012 (05/06/2012)

>   TBX: Explanation for difference in financial statement Year 2011 before and after auditing (05/06/2012)

>   TTP: Resolution of Annual General Meeting 2012 (05/06/2012)

>   LCG: Board resolution on Q2/2012 revenue & profit (05/06/2012)

>   SHN: Results of Annual General Meeting of Shareholders 2012 (05/06/2012)

>   BVH: Explanation for business result in quarter 1/2012 (05/06/2012)

>   ASM: Explanation for business result in Q1/2012 (05/06/2012)