Tuesday, 30/10/2012 18:18

HUT: Explanation for change of over 10 percent in operating result in Quarter II.2012


            According to the Financial Statement Quarter II/2012, profit after tax decreases by more than 10% year on year. Tasco JSC explained the decrease in operating result in Quarter I/2012 as follows:

Items

QII/2011

QII/2012

Increase(+)/Decrease(-)

Financial income (excluded dividend and distributed profit)

9,811,307,216

5,113,070,902

-47.89%

Profit after tax

12,466,289,114

10,452,616,900

-16.15%

 

The profit after tax in QII/2012 was VND10,452,616,900 with a decrease of VND2,013,672,214 equivalent 16.15%

Reasons:

In QII/2012, the efficiency of investment decreased by 47.89%, which lead to the decrease by 16.15% compared to QII/2011.

HNX

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