VHG: Explanation for business result in Quarter 1/2012
Viet - Han Corporation explained the fluctuation in business results between Quarter 1/2012 and Quarter 1/2011:
- Income in quarter 1/2012 was VND55.206 billion decreasing 28% compared to the same period of last year. Profit margin ratio went down 10.58% because of wiring, plumbing, materials technology .. seasonal nature and economic difficulties. - Financial income in quarter 1/2012 rose 83.46% while financial expenses rose 1.5 times leading financial activities in quarter 1/2012 loss VND3 billion, equivalent went up 13.54% compared to quarter 1/2011 because capital recovered slowly.
- Income in quarter 1/2012 was VND55.206 billion decreasing 28% compared to the same period of last year. Profit margin ratio went down 10.58% because of wiring, plumbing, materials technology .. seasonal nature and economic difficulties.
- Financial income in quarter 1/2012 rose 83.46% while financial expenses rose 1.5 times leading financial activities in quarter 1/2012 loss VND3 billion, equivalent went up 13.54% compared to quarter 1/2011 because capital recovered slowly.
HOSE
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