Wednesday, 18/07/2012 10:52

NNC: Explanation for business result in quarter 1/2012

Nui Nho Co-operation explained profit after tax in quarter 1/2012 decreasing 11.28% (1,794,596,619 dongs) compared with profit after tax in quarter 1/2011:

-         Income expenses increased in quarter 1/2012 but the company cannot increase price of the products.

-         The demand decreased in the quarter, so revenue decreased 2.93% but the cost increased 3%.

HOSE

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