Thursday, 12/07/2012 15:24

CMG: Explanation for business result in Q1.2012

CMC Corporation explained the fluctuation in profit in Quarter 1.2012 compared to Quarter 1.2011:

      Sales decreased, inventories increased and made gross profit lower than gross profit in the same period of last year.

      Loan interest rates increased highly, and provision for over-due debts and inventories increased and made the company’s profit from January 01, 2012 to March 31, 2012 lower than profit in the same period of last year

HOSE

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