Thursday, 13/09/2012 16:30

VHC: Explanation for consolidated business result in Q2.2012

Vinh Hoan Corporation explained the fluctuation in consolidated business result between Quarter 2/2012 and Quarter 2/2011:

By: VND

Item

Quarter 2/2012

Quarter 2/2011

Difference

Net revenue

979,867,095,376

923,696,568,830

6.08%

Profit after tax of the parent company

66,638,222,125

122,156,678,795

-54.55%

-         Profit after tax in Quarter 2/2012 fell mainly because profit of parent company decreased.

-         Reason:

+         In Quarter 2, 2012, cost of aquaculture was higher than in Quarter 2/2011.

+         Purchasing power and export price in Quarter 2/2012 was less than in Quarter 2/2011

HOSE

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