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LCG: Explanation for business result in QI.2012 LICOGI 16 Joint Stock Company explained the difference between profit after tax in Quarter I/2012 and profit after tax in Quarter I/2011:
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Item
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Quarter
1.2012
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Quarter
1.2011
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Difference
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Net
revenue
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209,357,681,085
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454,611,473,100
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-245,253,792,015
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Financial
expense
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21,873,257,766
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12,605,244,152
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9,268,013,614
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Profit
after tax
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4,248,289,191
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52,813,007,637
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-48,564,718,446
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-
Consolidated
profit after tax in Quarter 1.2012 was lower than in Quarter 1.2011 mainly reason
in Quarter 1.2011 the economic situation also was difficult and made net
revenue was down 53.95%, financial expense increased 73.52%, other expense was
higher than the same period of 2011 impact to profit after tax.
HOSE
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