KMR: Explanation for business result in Q2.2012
Mirae Joint Stock Company explained the fluctuation in business result in Quarter 2.2012 as follows:
- Profit after tax in Quarter 2/2012 was VND1,435,577,769, decreasing VND1,871,859,102 or (57%) compared to in Quarter 2/2011 because:+ In Quarter 2/2012, The company was the decrease selling prices, making inventories went down. + Besides, economic difficulties, products in Quarter 2/2012 went down compared to in Quarter 2/2011, leading ratio of cost of goods sold/ revenue in Quarter 2/2012 increased more strongly than in Quarter 2/2011. Therefore, gross profit from selling in Quarter 2/2012 decreased compared to the same period of last year.
- Profit after tax in Quarter 2/2012 was VND1,435,577,769, decreasing VND1,871,859,102 or (57%) compared to in Quarter 2/2011 because:
+ In Quarter 2/2012, The company was the decrease selling prices, making inventories went down.
+ Besides, economic difficulties, products in Quarter 2/2012 went down compared to in Quarter 2/2011, leading ratio of cost of goods sold/ revenue in Quarter 2/2012 increased more strongly than in Quarter 2/2011. Therefore, gross profit from selling in Quarter 2/2012 decreased compared to the same period of last year.
HOSE
> MDG: Explanation for business results in quarter 2.2012 (21/08/2012)
> VTB: VTB reminded to submit financial statements (21/08/2012)
> GIL: Explanation for consolidated financial statements in Q2.2012 (21/08/2012)
> LHG: Extension for submission of reviewed semi-annual financial statements Q2.2012 (21/08/2012)
> THG: Extension for submission of consolidated financial statements Q2.2012 (21/08/2012)
> VCB: Explanation for not submitting the consolidated Q2.2012 financial statements (21/08/2012)
> ONE: Reviewed financial statement 2012 (21/08/2012)
> PJC: Reviewed financial statement 2012 (21/08/2012)
> POT: Reviewed financial statement 2012 _holding company (21/08/2012)
> PPG: Financial Statement Quarter 2_2012 (21/08/2012)