VHC: Explanation for business result in Q1.2012
Vinh Hoan Corporation explained the fluctuation in business result between Quarter 1/2012 and Quarter 1/2011:
By: VND
Item Quarter 1/2012 Quarter 1/2011 Difference Net income 881,920,278,752 800,665,829,184 +10.15% Profit after tax of the parent company 33,151,904,487 72,762,365,548 -54.44% - The Company’s profit after tax in Quarter 1/2012 decreased because: + Exchange rate fluctuations+ Material cost in quarter 1/2012 was higher than quarter 1/2011 and cost of goods sold in quarter 1/2012 increased compared to the same period of last year.+ Demand and price of export in quarter 1/2012 went down compared to quarter 1/2011.
Item
Quarter 1/2012
Quarter 1/2011
Difference
Net income
881,920,278,752
800,665,829,184
+10.15%
Profit after tax of the parent company
33,151,904,487
72,762,365,548
-54.44%
- The Company’s profit after tax in Quarter 1/2012 decreased because:
+ Exchange rate fluctuations
+ Material cost in quarter 1/2012 was higher than quarter 1/2011 and cost of goods sold in quarter 1/2012 increased compared to the same period of last year.
+ Demand and price of export in quarter 1/2012 went down compared to quarter 1/2011.
HOSE
> DLG: Explanation for business result in Q1/2012 (Parent company) (16/06/2012)
> DSN: Explanation for business result in Quarter 1/2012 (16/06/2012)
> HSI: Explanation for business result in Q1/2012 (Parent company) (16/06/2012)
> SFC: Explanation for business result in Q1/2012 (16/06/2012)
> SPM: Explanation for business result in Quarter 1/2012 (16/06/2012)
> TRC: Explanation for business result in Q1/2012 (16/06/2012)
> ORS: Explanation for difference in financial statement 2011 before and after auditing (16/06/2012)
> PMS: Explanation for difference in financial statement 2011 before and after auditing (16/06/2012)
> LHC: Explanation for difference in financial statement 2011 before and after auditing (16/06/2012)
> ILC: Explanation for difference in financial statement 2011 before and after auditing (16/06/2012)