VNM: Explanation for separate business result in Q1, 2014
Viet Nam Dairy Products Joint Stock Company (Vinamilk) explained business result in Q1,2014 as follows:
Profit after tax in Q1/2014 decreased 10,7% compared to Q1/2013 because:- Cost of raw materials increased sharply.- Vinamilk boosted purchasing power and held market share through implementing sales activities, promotion programs.- Corporate income tax of some plants increased.
Profit after tax in Q1/2014 decreased 10,7% compared to Q1/2013 because:
- Cost of raw materials increased sharply.
- Vinamilk boosted purchasing power and held market share through implementing sales activities, promotion programs.
- Corporate income tax of some plants increased.
HOSE
> KLF: Notice of record date for Annual General Meeting of Shareholders 2014 (07/05/2014)
> SGT: Reminded to submit financial statements (Time 3) (07/05/2014)
> MCO: Financial Statement Quarter 1/2014 (07/05/2014)
> LCS: Financial Statement Quarter 1/2014 (07/05/2014)
> VC3: Financial Statement Quarter 1/2014 (holding company) (07/05/2014)
> VC3: Financial Statement Quarter 1/2014 (07/05/2014)
> BLF: Financial Statement FY 2013 (07/05/2014)
> V21: Financial Statement Quarter 1/2014 (07/05/2014)
> BRC: Resolution of Annual General Meeting 2014 (07/05/2014)
> VCB: Resolution of 2014 Annual General Meeting (07/05/2014)