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Wednesday, 04/07/2012 15:49

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

            According to the Financial Statement Quarter I/2012, profit after tax of the company decreased 14.747% compared to Quarter I/2011. Viet Nam Industrial & Commercial Securities JSC explained as follows:

-          The stock market in 2011 went down, so the investment in stock and short – term investment of company should have a reserve fund at 31/3/2012 with VND 43.5 billion.

-          Expense of reserve fund in QI/2012: VND 45.9 billion.

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