HCT: Explanation for the change of over 10% in operating result in QI- 2013
Hai Phong Cement Transport & Trading JSC explained change in operating result in QI.2013 as follows:
Profit before tax in QI/2013 decreased by VND 497,503,122 equaling 62.24% year on year.
Reason for the decrease:
- Due to difficulties of the macro economy, consumption of cement and services output decreased.
- Increase in petroleum price also made gross profit from operating activities decrease year on year.
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