Tuesday, 21/08/2012 15:06

MDG: Explanation for business results in quarter 2.2012

Mien Dong Joint – Stock Company (MDC) has explained business results in Quarter 2/2012 compared to Quarter 2/2011 because:

                                                                                                                                    Unit: VND

Items

Quarter 2/2012

Quarter 2/2011

Ratio (%)

Revenue

18,977,451,410

14,142,237,078

34.18

Profit after tax

8,118,126,934

2,400,743,827

238.00

-         Economic difficulties in Quarter 2/2012, leading business results did not increase. But in Quarter 2/2012, MDC sold all machineries and equipments in Mien Dong Machinery and Equipment Enterprise with price was VND18.5 billion. Buyer paid VND13 billion, leading profit after tax of was over VND8 billion.

HOSE

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