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MAX: Explanation for change in operating result in Quarter 3/2012
According to the Financial Statement Quarter III/2012, profit after tax decreases by more than 10% year on year. On 20/10/2012 Huu Nghi Vinh Sinh Mining and Mechanic JSC explained the decrease in operating result in Quarter III/2012 as follows:
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No.
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Content
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QIII/2012
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QIII/2011
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Difference (+/-)
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Percentage (%)
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1
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Net
profit
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17,844,273,394
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58,116,018,183
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(40,271,744,789)
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30.70
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2
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Profit
after tax
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(1,883,161,112)
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5,407,950,324)
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(7,291,111,436)
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(34.80)
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Because the net profit of
the sell – buy activities of rare material in Quarter III/2012 was low,
decreased by VND 40,271,744,789 compared to last period so it affected the
operation result. The profit after tax of the company was lost VND 7,291,111,436
compared to Quarter III/2011.
HNX
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