HAP: Explanation for business result in Q2/2012

Hapaco Group Joint Stock Company explained the difference in business results between Quarter 2/2012 and Quarter 2/2011:

 

	Quarter 2/2011	Quarter 2/2012	Different value	Different ratio
Profit after tax	VND472,583,716	VND3,248,871,571	VND2,776,287,855	587.4%

Reason:

- Although revenue from selling and service  supply was VND103,377 million, increasing 10.4% compared to the same period of last year, price of input rose strongly so business results was not in the business’s expectation

- But other income in Quarter 2/2012 was VND11,125 million, increasing VND10,617 million or up 2,085.9% compared to in Quarter 2/2011. While other expenses in Quarter 2/2012 was VND2,374 million, leading other profit was VND8,751 million,  increasing 2,859% compared to the same period of last year.

HOSE

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>   AMV: Reviewed financial statement 2012 (21/08/2012)

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>   PXM: Explanation for business results in quarter 2/2012 (21/08/2012)

>   KMR: Explanation for business result in Q2.2012 (21/08/2012)

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