MCP: Explanation for business result in Q2/2012
My Chau Printing & Packaging Holdings Company has explained the fluctuation in business result of Quarter 2/2012 compared to Quarter 2/2011:
- Profit before tax in Quarter 2/2012 was equal to 89% of profit before tax in Quarter 2/2011 because of the following reasons: + Interest rate expense in quarter 2/2012 was higher than the same period of last year. + Production cost increased because prices of main materials increased. While price of products did not increase.
- Profit before tax in Quarter 2/2012 was equal to 89% of profit before tax in Quarter 2/2011 because of the following reasons:
+ Interest rate expense in quarter 2/2012 was higher than the same period of last year.
+ Production cost increased because prices of main materials increased. While price of products did not increase.
HOSE
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