Friday, 07/12/2012 11:05

NKG: Explanation for business result in Q3/2012

Nam Kim Steel Joint Stock Company has explained business result in Q3/2012 as follows:

-         In Quarter 3/2012 the company had lost because:

+         Because of economic difficulties so sales volume was low.

+         The company has just bought production line so product was produced in the process of commissioning leading to expense was high. Therefore, cost of goods sold increased and gross profit decreased.

Besides, general and administration expenses increased strongly.

HOSE

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