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Friday, 14/09/2012 17:50

VIE: Explanation for change of over 10 percent in operating result of first 6 months of 2012

            According to the Reviewed Financial Statement 2012, the profit after tax decreased by more than 10% year on year. VITECO VNPT., JSC explained the decrease in operating result of first 6 months as follows:

-       Profit after tax in first 6 months of 2012: (VND936,117,3568)

-       Profit after tax in first 6 months of 2011: (VND1,953,491,339)

-       Increase by VND1,017,373,771

Reasons:

-       General and administration expense of first 6 months in 2012: VND4,233,193,990

General and administration expense of first 6 months in 2011: VND6,266,618,792

Decreased by VND2,033,424,802

-       Revenue of first 6 months in 2012: VND11,893,823,577

Revenue of first 6 months in 2011: VND19,099,438,521

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