PTM: The explanation for the difference in the operation results in Quarter II. 2013 year on year

On 13/09/2013, PTM Automobile Service, Trading and Manufacturing JSC explained the difference in the operation results in Quarter II. 2013 year on year as follows:

- The profit after tax of Quarter II/2012: VND 569,744,320

- The profit after tax on Quarter II/2013: VND 123,400,761

The reasons:

- Due to difficult economic situation in Quarter II/2013, the revenue from trading Auto is low.

- Due to difficult economic situation in Quarter II/2013, the repairing activity of the Company got no profit.

- The revenue from the financial activity decreased because most of capital sources have been used to trade Auto but get no profit.

HNX

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