HMC: Explanation for business result in Q3.2012
Ho Chi Minh City Metal Corporation explained the fluctuation in business result between Quarter 3/2012 and Quarter 3/2011:
- Profit before tax in Quarter 3/2011: 15,153,335,831 dongs - Profit before tax in Quarter 3/2012: 6,005,201,135 dongs - Decreased: 60% compared to quarter 3/2011 because: + The steel markets were overcast in the world and in Vietnam. Steel selling price decreased in quarter 3.2012. The company pushed sales and its revenue. Besides, the company saved expenses but profit before tax in quarter 3.2012 was still lower than quarter 3.2011.
- Profit before tax in Quarter 3/2011: 15,153,335,831 dongs
- Profit before tax in Quarter 3/2012: 6,005,201,135 dongs
- Decreased: 60% compared to quarter 3/2011 because:
+ The steel markets were overcast in the world and in Vietnam. Steel selling price decreased in quarter 3.2012. The company pushed sales and its revenue. Besides, the company saved expenses but profit before tax in quarter 3.2012 was still lower than quarter 3.2011.
HOSE
> CCM: Financial Statement Quarter 1/2012 (consolidated) (22/11/2012)
> CAN: Financial Statement Quarter 2/2012 (holding company) (22/11/2012)
> CAN: Financial Statement Quarter 3/2012 (consolidated) (22/11/2012)
> STT: Resolution of Annual General Meeting 2011 (22/11/2012)
> Sacombank Securities Company: Financial statements for quarter 3.2012 (21/11/2012)
> PPP: Financial Statement Quarter 3/2012 (21/11/2012)
> HBE: Establishment of subsidiaries (21/11/2012)
> IDV: Notice of record date for General Meeting of Shareholders 2013 (21/11/2012)
> EID: Explanation for change in operating result in Quarter 3/2012 (21/11/2012)
> KTT: Explanation for change in operating result in Quarter 3/2012 (21/11/2012)