Wednesday, 15/05/2013 16:26

NHW: Explanation for consolidated business results in quarter 1/2013

Ngo Han Joint Stock Company has explained difference of profit in Quarter 1/2013 and Quarter 1/2012 as follows:

-         Consolidated profit after tax Quarter 1/2013 was VND6.56billion, increasing 69.7% compared to the same last year, mainly because:

+         In quarter 1/2012, Cathode price changed strongly, leading to cost of goods sold increased.

+         In quarter 1/2013, the company managed input price. Therefore, gross profit increased VND6.26 billion (44.8%).

HOSE

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