KDH: Explanation for the 2012 profit after auditing

Khang Dien House Trading and Investment Joint Stock Company (KHADIHOUSE JSC) explained an audited net loss of VND55.5 billion last year as follows:

-         Because real estate market difficulties, The firm attributed its loss to the advance contract liquidation (resulting in a fall of VND74 billion in revenues), and high general and administration expenses (VND25.5 billion) and interest expenses (VND33.6 billion).

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