Friday, 22/03/2013 11:59

AMV: Explanation for negative of operating result in 2012


 

            According to the Financial Statement Quarter 2012, profit after tax of the company in 2011 and 2012 are negative (-VND 2,662,804,640 and – VND 274,509,316). American Vietnamese Biotech Incorporation explained as follows:

-          In 2012, Economic went down. Materials’ price increased, labor’s expense increased..

-          Company was cut some expenses and restructured Organization

HNX

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