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Wednesday, 29/05/2013 11:43

AGD: Explanation for business result in Q1.2013

Godaco Seafood Joint Stock Company explained difference in business result between Quarter 1/2013 and Quarter 1/2012:

-         Consolidated Profit after tax in Quarter 1/2013 was VND8.3billion, decreasing VND14.7billion compared to the same period last year (in quarter 1/2012, profit after tax (not audited) was VND23billion). Profit after tax of parent company in Quarter 1/2013 was VND7.8 billion, decreasing VND12.7billion compared to the same period last year because the following reasons:

+         Price of soybean residue in the last months of 2012 and the first months of 2013 increased strongly, leading input expense from fish farming increased.

+         Price of cat fish in Quarter 1/2013 decreased strongly compared to Quarter 1/2012.

HOSE

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