H.A.I Joint Stock Company explained the business fluctuation in Quarter 3.2012 (from April 01, 2012 to June 30, 2012) changed 10% compared with Quarter 3.2011 (from from April 01, 2011 to June 30, 2011) as follows:
-
Revenue
from 104,425,334,261 dongs to 215,006,208,997 dongs, increasing 106% compared
to the same period of last year. Reason:
+
In
Quarter 3.2011 the business situation was unfavorable. Profit after tax was
loss by 4,459,668,144 dongs.
+
In
Quarter 3.2012, the company made a number of promotions to stimulate sales.
+
Economic recovery and monetary policy of the State Bank of Vietnam helped H.A.I Joint Stock Company to
cut expenses.
+
Financial expense went
down from 12,647,451,670 to 5,107,804,235 dongs, decreasing 60% compared to the
same period of last year.
+
General &
administrative expenses went down from 4,119,730,426 dongs to 2,938,504,251
dongs, decreasing 30% compared to the same period of last year.
