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Friday, 17/08/2012 15:25

DTC: Explanation for the change of over 10% in operating result in QII.2012 compared to QII.2011

            According to the Financial Statement Quarter II/2012, profit after tax of Quarter II/2012 decreased more than 10% year on year.  Viglacera Dong Trieu JSC explained the decrease in operating result in Quarter II/2012 of holding company as follows:

-       Profit after tax QII/2012                          : -VND20,965,147,318

-       Profit after tax QII/2011                          : VND1,236,378,050

-       Decrease                                              : VND22,201,525,368

-       Reasons:

+ Input cost as coal, diesel, land …increased compared to 2011.

+ High interest bank caused increase of financial expense

+ Capacity of the furnace has not been fully released, production was not stable. Thus, quality, output of products, selling revenue decreased. Profit after tax of QII/2012 decreased compared to QI/2012.
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