Tuesday, 27/11/2012 14:42

VHC: Explanation for business result in Q3.2012

Vinh Hoan Corporation explained the fluctuation in business result between Quarter 3/2012 and Quarter 3/2011:

By: VND

Item

Quarter 3/2012

Quarter 3/2011

Difference

Net revenue

1,011,417,968,288

926,086,817,660

9.21%

Profit after tax of the parent company

39,129,899,344

77,562,007,463

-50.45%

Profit after tax in Quarter 3/2012 fell

Reason:

In Quarter 3, 2012, cost of aquaculture was higher than in Quarter 3/2011.

Purchasing power and export price in Quarter 3/2012 was less than in Quarter 3/2011

HOSE

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