KMR: Explanation for business result in Q1/2012
Mirae Joint Stock Company has explained the fluctuation in business result of Quarter 1/2012 compared to Quarter 1/2011:
- Profit after tax in Quarter 1/2012 was VND259,943,850 decreasing by VND254,874,953 (or 50%) from Quarter 1/2011. Because:+ In Quarter 1/2012, input costs (including the main raw material, fuel, labors) rose. Therefore, cost of goods sold increased. But economic difficulties, the Company did not raise selling prices of all products, even the Company discounted some products leading rate cost of goods sold per income in quarter 1/2012 went up more highly than the same period of last year.
- Profit after tax in Quarter 1/2012 was VND259,943,850 decreasing by VND254,874,953 (or 50%) from Quarter 1/2011. Because:
+ In Quarter 1/2012, input costs (including the main raw material, fuel, labors) rose. Therefore, cost of goods sold increased. But economic difficulties, the Company did not raise selling prices of all products, even the Company discounted some products leading rate cost of goods sold per income in quarter 1/2012 went up more highly than the same period of last year.
HOSE
> KTB: Explanation for business results in quarter 1/2012 (05/06/2012)
> VFMVFA: NAV from 24 May 2012 to 31 May 2012 (05/06/2012)
> ASIAGF: NAV from 24 May 2012 to 31 May 2012 (05/06/2012)
> VFMVF1: NAV from 24 May 2012 to 31 May 2012 (05/06/2012)
> VFMVF4: NAV from 24 May 2012 to 31 May 2012 (05/06/2012)
> CMX: Meeting date & venue of AGM 2012 (05/06/2012)
> KKC: Results of Annual General Meeting of Shareholders 2012 (04/06/2012)
> MAFPF1: NAV from 24 May 2012 to 31 May 2012 (04/06/2012)
> SBS: Explanation for business result in 2011 (04/06/2012)
> PXL: PXL delays the 2012 Annual General Meeting (04/06/2012)