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LGC: Explanation for business result in Q2.2012 Lu Gia Mechanical Electric Joint Stock Company has explained the fluctuation in business result between Quarter 2.2012 and Quarter 2.2011:
By: VND
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Item
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Quarter 2.2012
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Quarter 2.2011
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Difference
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Value
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Ratio
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1
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Net
revenue
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41,153,622,603
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52,500,598,684
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-11,346,976,081
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-21.61%
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2
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Profit
after tax
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3,486,322,054
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7,343,520,537
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-3,857,198,483
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-52.53%
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-
Net
revenue in Quarter 2.2012 was 41,153,622,603 dongs, decreasing 21.61% beside
Quarter 2.2011 mainly because of the decrease in incomes from selling of
apartments. -
About
selling of apartments: selling of apartments was finished by 90%. Therefore,
selling of apartment in quarter 2.2012 lower than the same period of 2011,
revenue from selling apartments in Quarter 2.2012 was 6,166,712,107 dongs
beside revenue from selling apartments
in Quarter 2.2012 decreased 18,245,346,684 dongs or 74.74% beside Quarter
2.2011 So, the Company’s profit went down.
HOSE
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