Wednesday, 28/08/2013 15:42

AGD: Explanation for business result in Q2.2013

Godaco Seafood Joint Stock Company explained difference in business result between Quarter 2/2013 and Quarter 2/2012:

-         Consolidated profit after tax in Quarter 2/2013 was –VND4.5billion, decreasing VND39.4billion or 113% compared to the same period last year (in quarter 2/2012, profit after tax (not audited) was VND35billion). Profit after tax of parent company in Quarter 2/2013 was –VND2.5 billion, because the following reasons:

+         Price of cat fish in Quarter 2/2013 decreased strongly compared to Quarter 2/2012.

+         Input expense from fish farming increased.

+         Exchange rate differences.

HOSE

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