DIC: Explanation for DIC’s profit & loss in 6 months of 2012

DIC Investment and Trading Joint Stock Company (DIC–INTRACO) explained the fluctuation in its profit and loss in the first six months of 2012 compared to the same period of 2011 as follows:

By: VND

	Jan - Jun 2012	Jan - Jun 2011	Difference	Ratio
Net revenue	626,091,753,365	464,423,256,303	161,668,497,062	134.81%
Profit after tax	2,849,595,006	10,932,280,691	-8,082,685,685	26.07%

-         DIC’s net revenue for the first six months of 2012 rose by 34.81% compared to the first half of 2011. However, because of economic difficulties, expenses and cost of goods sold also increased higher than the growth of revenue. That was the main reason making DIC’s profit for the first six months of 2012 lower than the profit in the same period of 2011.

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