H.A.I Joint Stock Company explained the business fluctuation in quarter 3/2012 (from April 01, 2012 to June 30, 2012) as follows:
- In quarter 3.2012 revenue increased from VND107,094,070,427 to VND216,637,461,599 or (102%) compared to the same period of last year. While consolidated profit after tax in Quarter 3/2011 was –VND4,288,254,589.
- Expenses:
+ Financial expenses decreased from VND12,647,451,670 to VND5,107,804,235 (60%).
+ General & administrative expenses decreased from VND4,119,730,426 to VND2,938,504,251 (30%) .
But profit in the first 9 months of 2011 decreased from VND52,728,692,526 to VND30,017,440,147
Gross profit decreased from VND116,232,308,640 to VND96,568,177,592