Wednesday, 15/08/2012 13:32

SRF: Explanation for business result in Q2/2012

Seaprodex Refrigeration Industry Corporation explained the difference in the consolidated profit before tax of Quarter 2/2012 compared to Quarter 2/2011:

-         Gross profit in Quarter 2/2012 decreased because the implementation works approved in this period were higher than Quarter 2/2011 and input expenses increased.

-         Borrowing expense went up deposits income went down.

-         Administrative expense increased because the increase in provision for bad debts and the adjustment of salary

HOSE

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