DNY: Explanation for the change of over 10% in operating result in 2011 compared to 2010

According to the Financial Statement 2011, profit after tax of 2011 decreased more than 10% year on year. DANA-Y Steel JSC explained the decrease in operating result in 2011 as follows:

 - Due to increase of materials inputs, electricity price, production and transportation expenses… increased. Interest expense was high, the financial expense increased.
- Steel product cannot be consummated, steel price decreased

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