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Saturday, 16/06/2012 10:12

HBD: Explanation for the change of over 10% in operating result in QIV.2012 compared to QIV.2011

According to the Financial Statement Quarter IV/2012, profit after tax of Quarter IV/2011 decreased more than 10% year on year. Binh Duong PP Pack Making Joint Stock Company explained the decrease in operating result in Quarter IV/2011 as follows:

- Profit after tax of QI/2012: VND855,893,414

- Profit after tax of QI/2011: VND1,041,113,667

- Profit after tax of QI/2012 decreased by VND185,220,253

Reasons:

+ Salary of QI/2012 increased by 10% compared to QI/2011, profit after tax of QI/2012 decreased by VND1332 million

+ Unit price of production electric increased 10%.

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