DLG: Explanation for business result in Q1/2012 (Parent company)

Duc Long Gia Lai Group Joint Stock Company has explained reasons causing the 10-percent differences in income and profit after tax in the financial statements of Quarter 1/2012 of the Company against to Quarter 1/2011:

-         In Quarter 1/2012, the Company’s income mainly from selling woody products increased leading income in quarter 1/2012 rose 30% from Quarter 1/2011 and cost of goods sold went up 38.6% making gross profit decreased 17.3% compared to the same period of last year.

-         Besides, financial expenses in quarter 1/2012 rose 199% and General and administration expenses in quarter 1/2012 rose 91% compared to quarter 1/2011 leading profit after tax in quarter 1/2012 went down 50.4% compared to quarter 1/2011.

HOSE

>   DSN: Explanation for business result in Quarter 1/2012 (16/06/2012)

>   HSI: Explanation for business result in Q1/2012 (Parent company) (16/06/2012)

>   SFC: Explanation for business result in Q1/2012 (16/06/2012)

>   SPM: Explanation for business result in Quarter 1/2012 (16/06/2012)

>   TRC: Explanation for business result in Q1/2012 (16/06/2012)

>   ORS: Explanation for difference in financial statement 2011 before and after auditing (16/06/2012)

>   PMS: Explanation for difference in financial statement 2011 before and after auditing (16/06/2012)

>   LHC: Explanation for difference in financial statement 2011 before and after auditing (16/06/2012)

>   ILC: Explanation for difference in financial statement 2011 before and after auditing (16/06/2012)

>   KKC: Explanation for difference in financial statement 2011 before and after auditing (16/06/2012)