Monday, 30/07/2012 16:13

HDG: Explanation for business result in Quarter 2/2012

Ha Do Group Joint Stock Company has explained the fluctuation in business result in Quarter 2/2012 compared to Quarter 2/2011:

No

Targets

Quarter 2/2012

Quarter 2/2011

Different (%)

1

Revenue from selling

98,624,923,442

9,028,100,642

992%

2

Cost of goods sold

92,501,893,246

8,036,304,545

1051%

3

Revenue from financial

5,594,019,869

7,589,537,241

-26%

4

Profit after tax

1,946,954,371

3,260,494,989

-40%

-         Profit in Quarter 2/2012 decreased 40% compared to the same period of 2011 because:

+         In Quarter 1/2012 revenue was mainly revenue from construction, so revenue in Quarter 2/2012 rose 992% compared to the same period of last year but cost of goods sold increased 1051% compared to Quarter 2/2011.

+         Revenue from financial went down 26% compared to the same period of 2011.

HOSE

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