Saturday, 16/06/2012 10:14

LCG: Explanation for business result in Q1.2012

LICOGI 16 Joint Stock Company explained the difference between profit after tax in Quarter 1.2012 and profit after tax in Quarter 1.2011:

-         Profit after tax in Quarter 1.2012 decreased sharply. Because of the following reasons: In Quarter 1.2012 net revenue decreased 25.93%, raw material prices increased highly to made cost of goods sold on revenue increase 11.22%, financial expense increased 61.03%, other expenses increased sharply compared to the same of last year.

HOSE

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