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TCR: Explanation for business result in Q2/2012 Taicera Enterprise Company has explained the decrease in profit of Quarter 2/2012 compared to Quarter 2/2011: By: VND
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Quarter
2/2011
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Quarter
2/2012
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Difference
(%)
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Net
revenue
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356,566,062,560
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412,226,419,121
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15.61
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Cost of goods sold
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266,536,850,543
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342,176,183,119
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28.38
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Expenses
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50,190,620,270
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62,953,229,960
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25.43
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Profit
after tax
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23,230,083,952
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442,088,799
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(98.10)
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Reason: Taicera’s
input expenses in Quarter 2/2012 were higher than the same period of 2011: price of main materials increased more than 5%; price of fuel (natural gas, oil) was up more than 53%; electricity price, salary also went up.
HOSE
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