Friday, 15/11/2013 15:03

HVG: Explanation for consolidated business result in Q3.2013

Hung Vuong Corporation explained the fluctuation in consolidated business result in Quarter 3/2013 decreased 74.1% compared to in Quarter 3/2012 as follows:

According to consolidated financial statements in Quarter 3/2013:

      In Quarter 3/2013, HVG’s ownership structure changed compared to the same period of last year:

-          HVG bought stocks of Tacn Viet Thang Join Stock Company (55.31%)

-          HVG sold stocks of Hung Vuong Long Co, Ltd. (31.67%)

-          HVG sold stocks of Hung Vuong Sa Dec Co, Ltd. (11.67%)

      In Quarter 3.2013, besides selling expenses increased 23%, profit from associated companies decreased 112%.

HOSE

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