Thursday, 28/06/2012 15:48

TCR: Explanation for business result in Q1.2012

Taicera Enterprise Company has explained the difference in profit between Quarter 1.2012 and Quarter 1.2011:

 

Quarter 1.2011

Quarter 1.2012

Difference

Net revenue

309,001,235,292

318,753,515,333

3.16

Cost of goods sold

235,417,046,871

274,870,526,159

16.76

Profit after tax

18,164,098,950

(19,581,601,973)

 

-         Because input expense in Quarter 1.2012 was higher than the same period of last year:

+        Major material prices increased over 10%

+        Natural gas prices increased over 53%, electricity prices increased over 15%

+        Salaries for workers increased.

HOSE

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