VC6: Explanation for the change of over 10% in operating result in QII.2012 compared to QII.2011 According to the Financial Statement Quarter II/2012, profit after tax of Quarter II/2011 increased more than 10% year on year. Vinaconex 6 JSC explained the increase in operating result in Quarter II/2012 as follows: |
Targets |
QII/2011 |
QII/2012 |
Difference |
Gross sales of merchandise and services |
120,819,902,858 |
129,195,522,546 |
6.93% |
Cost of goods sold |
111,038,109,840 |
120,383,671,793 |
8.42% |
General and administration expenses |
4,644,228,953 |
5,652,340,917 |
21.71% |
Profit after tax |
1,892,847,779 |
1,546,439,886 |
18.3% |
- Expenses for input materials and labor increase made cost of goods sold and administration expenses rise. | HNX