HNX

Saturday, 16/06/2012 10:21

PHH: Explanation for negative profit in 2011

Hong Ha Petroleum JSC explained the negative profits in 2011 as follows:

- Hong Ha Thanh Cong One member Co., Ltd (100% charter capital of Hong Ha Petroleum JSC) had transactions of selling 02 floors of K3B – Thanh Cong building. However, due to adjustment of partners, in 2011, 02 floors were returned. Therefore, profit after tax in 2011 was –VND10,732,886,044. The profit consolidated 2011 of the company is –VND5,537,132,558.

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