Friday, 06/07/2012 16:00

DQC: Explanation for consolidated business result in Q1.2012

Dien Quang Joint Stock Company explained the fluctuation in profit before tax of Quarter 1/2012 compared to Quarter 1/2011:

  • Profit before tax in Quarter 1/2012: VND15,016,378,409
  • Profit before tax in Quarter 1/2011: VND5,659,705,148

Compared to Quarter 1/2011, profit in Quarter 1/2012 increased by VND9,356,673,262 (+165%) mainly because of the following reasons:

  • The Company has controlled input material prices and operations.
  • Foreign exchange rate fluctuated less than the same period of 2011.
  • Revenue increased 110% compared to the same period of last year.   

HOSE

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