TNT: Explanation for business result in Quarter 1/2013 (parent company)
Tai Nguyen Corporation explained the fluctuation in business result of parent company in Quarter 1/2013 increased 10% compared to Quarter 1/2012:
- Reason: + In Quarter 1/2012, economic difficulties, business company difficulties, projects of TNT had not revenue, while expenses were high, leading TNT lost. But in Quarter 1/2013, TNT restructured, reduced cost and settled all bank loans. + In Quarter 1/2013, TNT had profit from other activities.
- Reason:
+ In Quarter 1/2012, economic difficulties, business company difficulties, projects of TNT had not revenue, while expenses were high, leading TNT lost. But in Quarter 1/2013, TNT restructured, reduced cost and settled all bank loans.
+ In Quarter 1/2013, TNT had profit from other activities.
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