HTI: Explanation for business result in quarter 2/2012
IDICO Infrastructure Development Investment Joint Stock Company (IDICO-IDI.JSC) has explained business results in quarter 2/2011 beside quarter 2/2010 as follows:
- Profit after tax in quarter 2/2012 increased 42% compared to in Quarter 2/2011 because:+ Financial expenses in Quarter 2/2012 decreased VND2,751,625,360 compared to in Quarter 2/2011 because IDICO-IDI.JSC used loan of upgrading 1A Highway, section An Suong – An Lac project, which paid the principal.
- Profit after tax in quarter 2/2012 increased 42% compared to in Quarter 2/2011 because:
+ Financial expenses in Quarter 2/2012 decreased VND2,751,625,360 compared to in Quarter 2/2011 because IDICO-IDI.JSC used loan of upgrading 1A Highway, section An Suong – An Lac project, which paid the principal.
HOSE
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