HMC: Explanation for business result in Quarter 1, 2015

Ho Chi Minh City Metal Corporation explained the fluctuation in business result between Quarter 1, 2015 and Quarter 1, 2014 as follows:

-         Profit after tax in Quarter 1, 2014: VND4,900,590,297

-         Profit after tax in Quarter 1, 2015: VND798,328,783

-         Decreased: 83.7% compared to Quarter 1, 2014 because: price of imported steel continued to fall.

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