Monday, 19/11/2012 16:00

VHG: Explanation for business result in Quarter 3.2012

Viet - Han Corporation explained the fluctuation in business results between Quarter 3/2012 and Quarter 3/2011:

-         Revenue in quarter 3/2012 was VND40.27 billion decreasing 23.56% compared to the same period of last year. Margin rate increased slightly by 7%. Revenue in Quarter 3.2012 decreased because the consume demand decreased in rainy season.

-         Financial activities in Quarter 3.2012 continued losses because capital recovered slowly.

-         In Quarter 3.2012, although selling expense decreased 35% and general & administrative expenses decreased 23% compared to the same period of last year. Revenue decreased, financial expense increased lead to its loss in Quarter 3.2012.

HOSE

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