Tuesday, 31/07/2012 16:58

PXT: Explanation for business result in Q2.2012

Petroleum Pipeline & Tank Construction Joint Stock Company has explained the fluctuation in profit and loss in Quarter 2.2012 compared to Quarter 2.2011 as follows:

-         Revenue in Quarter 2.2012 was 125.89 billion dongs, decreasing 28% compared to the same of period of last year. Because the company had a number of projects that have yet to be implemented and some projects under construction, yet to be completed. This made revenue in Quarter 2.2012 decreased and interest expense increased. So, profit in Quarter 2.2012 was 1.9 billion dongs, decreasing 76% compared to the same period of last year.

HOSE

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