Saturday, 16/06/2012 10:29

TRC: Explanation for business result in Q1/2012

Tay Ninh Rubber Joint Stock Company (TANIRUCO) has explained the fluctuation in profit of Quarter 1/2012 compared to Quarter 1/2011:

By VND

Quarter 1/2012

Quarter 1/2011

Difference

Value

Percentage

Profit before tax

58,868,991,690

77,910,200,281

19,041,208,591

32.3%

Reason: The average selling price of rubber in Quarter 1/2012 was 34.8% lower than the price in Quarter 1/2011 (VND69,430,631 in Quarter 1/2012 compared to VND93,570,636 in Quarter 1/2011).

HOSE

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