HNM: 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. Hanoimilk JSC explained the decrease in operating result in Quarter II/2012 of holding company as follows:
- Profit after tax of QII/2012 was VND526 million with a decrease of 39% compared to QII/2011.
- Explanation:
+ Revenue in QII/2012 progressed only 1% compared to 2011 due to the difficulties of enterprises, decrease of consumption of milk
+ Input expenses increased as electricity, petrol, salary. Thus, general and administration expenses increased
+ Strong concurrence in dairy sector made selling expense of the company increased (5%) compared to 2011.
HNX
> QTC: Reviewed financial statement 2012 (16/08/2012)
> PHS: Reviewed financial statement 2012 (16/08/2012)
> IDJ: 2012.08.16_Reviewed financial statement 2012 (16/08/2012)
> NET: 2012.08.16_Reviewed financial statement 2012 (16/08/2012)
> PDR: Announcement of changes in business license (16/08/2012)
> HSG: Explanation for consolidated business result in Q3 of FY 2011-2012 (16/08/2012)
> VBC: Financial Statement Quarter 2_2012 (16/08/2012)
> TLC: Explanation for the change of over 10% in operating result in QII.2012 compared to QII.2011 (16/08/2012)
> SRA: Explanation for the change of over 10% in operating result in QII.2012 compared to QII.2011 (16/08/2012)
> THV: Explanation for the change of over 10% in operating result in QII.2012 compared to QII.2011 (16/08/2012)
