TVD: Explanation for the change of over 10% in operating result in QIV.2012 compared to QIV.2011

            According to the Financial Statement Quarter IV/2012, profit after tax of Quarter IV/2012 decreased more than 10% year on year.  Vang danh Coal JSC explained the decrease in operating result in Quarter IV/2012 as follows:

            In 2012, due to the world economic crisis, price of input materials fluctuated strongly leading the difficulties of coal consumption. The Company had to cut expenses and decreased 5% of selling price of products. Revenue decreased by VND 600 billion compared to the plan.

HNX

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