Wednesday, 04/07/2012 18:08

VCS: Explanation for the change in operating result in QI- 2012

According to the Financial Statement Quarter I/2012, profit before tax of the company increased 49.87% compared to Quarter I/2011. Vinaconex Advanced Compound Stone JSC explained as follows:

-          Revenue decreased 24.27% (VND 57,002,113,765)

-          Profit increased 164.5% (VND 51,663,965,804) compared to QI/2012

-          Financial income decreased 96.72% (VND 35,872,583,571)

-          Financial expense increased 101.39% (VND 16,887,044,962)

-          Selling expense increased 44.46% (VND 2,722,950,532)

-   General and administration expenses increased 61.49% (VND 6,313,483,909)

-          Other income decreased 90.01% (VND 5,205,777,178)

-          Profit from other income decreased 114.26% (VND 9,014,731,661)

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