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Wednesday, 19/09/2012 17:26

HLC: Explanation for the change of over 10% in operating result in QII.2011 compared to QII.2012

            According to the Financial Statement Quarter II/2012, profit after tax of Quarter II/2012 decreased more than 10% year on year. HaLam - TKV Coal JSC explained the decrease in operating result in Quarter II/2012 as follows:

Because the Company focused all capitals to invest in the project in Ha Lam coal mine so financial expenses increased sharply in the first 6 months of 2012. Besides, difficulties of the global economy influenced the Vietnam economy in general and financial situation of the Company in particular.

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