HPG: Explanation for business result in Q4, 2013
Hoa Phat Group Joint Stock Company explained business result in Q4/2013 compared to Q4/2012 as follows:
· Profit after tax in Q4/2013 was VND490 billion, increasing 175% compared to Q4/2012 because: · Although steel market has facing many difficulties, steel of Hoa Phat has retained second place in the market. · Provision of VND200 billion is appropriated in Q4/2012.
· Profit after tax in Q4/2013 was VND490 billion, increasing 175% compared to Q4/2012 because:
· Although steel market has facing many difficulties, steel of Hoa Phat has retained second place in the market.
· Provision of VND200 billion is appropriated in Q4/2012.
HOSE
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