Thursday, 08/11/2012 17:07

NVN: Explanation for business result in Q2/2012

House Viet Nam Joint Stock Company explained the fluctuation in business result between Quarter 2/2012 and Quarter 2/2011:

By: VND

No.

Item

Quarter 2/2012

Quarter 2/2012

1

Revenue

18,849,678,555

17,524,744,034

2

Profit after tax

1,787,956,980

1,107,291,467

Reason:

      Real estate investment represented 60% of  revenue structure and housing construction made up the other 40%. However, as the company encouraged customers to build houses, it did not set high profit target from this activity.

       Therefore, revenue in Quarter 2/2012 mainly came from real estate investment

 

HOSE

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>   PPS: Financial Statement Quarter 3/2012 (08/11/2012)

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>   BBC: Explanation for business result in Q3/2012 (08/11/2012)

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