Tuesday, 27/11/2012 16:44

VHC: Explanation for business result in Q3/2012

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

 

Quarter 3/2012

Quarter 3/2011

Difference (%)

Net revenue

1,162,130,612,604 VND

1,131,033,568,552 VND

+2.75%

Profit after tax of the parent company

48,503,463,219 VND

83,296,422,043 VND

-41.77%

The profit after tax decreased mainly because the parent company’s profit went down, and the reasons were explained as follows:

The feed cost in Quarter 3/2012 was higher than in Quarter 3/2011.

The export price in Quarter 3/2012 was lower than in Quarter 3/2011. 

HOSE

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