Tay Ninh Rubber Joint Stock Company explained the fluctuation in business result in Quarter 2/2012 compared to Quarter 2/2011:
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Profit
before tax in Quarter 2/2012: VND124,150,593,940
-
Profit
before tax in Quarter 2/2011: VND194,967,353,012
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Decrease
from Quarter 2/2011: VND70,816,759,072
-
Decrease
percentage: 36.3%
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Reason: The
average selling price of rubber in Quarter 2.2012 was 30.3% less than in
Quarter 2.2011 (the average price in Quarter 2/2012 was VND71,967,510/ton, and
in in Quarter 2/2011 it was VND103,229,807/ton).