PXT: Explanation for business results in quarter 2.2012

Petroleum Pipeline & Tank Construction Joint Stock Company has explained business results in quarter 2.2012 compared to quarter 2.2011 as follows:

Revenue in Quarter 2.2012 was 125.74 billion dongs, decreasing 28% compared to the same period of last year. Revenue decreased because some undeveloped projects in Quarter 2/2012 led to revenue went down. Besides, Factory 5 was newly established and its headquarter has just been moved to HCMC. This made expenses increased.  So, profit in Quarter 2.2012 was 868 million dongs, decreasing 89% compared to the same period of last year.

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