PVS: Explanation for change of over 10 percent in operating result Quarter I/2012
According to the Financial Statement Quarter I/2012, profit after tax increases by more than 10% year on year. On 17/05/2012, PetroVietnam Technical Services Corporation explained the increase in operating result in Quarter I/2012 as follows:
Profit after tax QI/2012 was VND236.03 billion with an increase of VND156.23 equivalent 195.77%
- Financial expense of QI/2012 decreased compared to QI/2011 due to the fluctuation of foreign exchange in QI/2012. In QI/2011, the State amended the USD foreign exchange from VND18,932/USD to VND20,693/USD equivalent an increase of 9.3%
- Profit from mechanical and petroleum services in QI/2012 was higher than QI/2011
- Profit from associate company in QI/2012 was higher than QI/2011
HNX
> PHH: Explanation for negative profit in financial statement (consolidated) Year 2011 (04/07/2012)
> TMC: Establishment of subsidiaries (04/07/2012)
> TV2: Results of Annual General Meeting of Shareholders 2012 (04/07/2012)
> VXB: Explanation for difference in Financial Statement Year 2011 before and after auditing (04/07/2012)
> VIE: Explanation for difference in financial statement Year 2011 before and after auditing (04/07/2012)
> VFR: Explanation for difference in Financial Statement Year 2011 before and after auditing (04/07/2012)
> VE1: Explanation for difference in Financial Statement Year 2011 before and after auditing (04/07/2012)
> CMC: Explanation for the change in operating result in QI- 2012 (04/07/2012)
> VIG: Explanation for the change in operating result in QI- 2012 (04/07/2012)
