Friday, 23/11/2012 16:32

NTB: Explanation for business result in Q2.2012

Transport Engineering Construction & Business Investment Stock Company 584 (TECBIS 584 JSC) explained the fluctuation in business result in Quarter 3/2012:

-         Profit before tax in Quarter 3/2012:    -VND24,759,928,774

-         Profit after tax in Quarter 3/2011:       -VND6,326,575,925

-         TECBIS 584 JSC attributed its heavier loss to difficulties in the real estate market, arising age, financial expenses and surging other expenses in the period.

-         Revenue in Quarter 3/2012 was less than in Quarter 3/2011, while general and administration expenses and financial expenses, other expenses went up, leading to loss in Quarter 3/2012 was higher than in Quarter 3/2011.

HOSE

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