VPC: Explanation for negative profit after tax

V- Power Investment and Development explained negative profit after tax in 2012 as follows:

-       Due to economic crisis, operations of the Company were effected seriously.

+ Training and testing driver:  Number of trainers decreased year on year. Reason for that is difficulties of the economy, policy of car ownership and increased in material price.

+ Investing in projects: The Company met difficulties in liquidating old projects and mobilizing capital for new projects.

HNX

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