KTL: Explanation for operating result of QI/ 2018

On 20 Apr 2018, ThangLong Metal Wares Joint Stock Company explained the operating result of QI/ 2018 as follows:
The Company got loss:
Reason:

• Demands for motorcycle details on the market decreased, besides reducing orders with Honda Vietnam Company, Goshi Company also required annual suppliers to decrease by 5% of the plan in the price.
• Export products for IKEA Company decreased.
• Price of input materials increased highly from 4% to 5%, therefore, profit decreased.
• Expenses for labors in 2018 increased year on year because social insurance increased highly as new rules of current Social Insurance Law.

HNX

>   HPP: Change in Business Registration Certificate (11/05/2018)

>   HEJ: Notice of the Annual General Meeting of Shareholders of 2018 term 2018-2022 (11/05/2018)

>   TOT: Financial Statement FY 2017 (11/05/2018)

>   BLF: Financial Statement Quarter 1/2018 (11/05/2018)

>   CH5: Financial Statement FY 2017 (11/05/2018)

>   SEA: Notice of record date for General Meeting of Shareholders 2018 (11/05/2018)

>   AMV: Notice of record date for General Meeting of Shareholders 2018 (11/05/2018)

>   PVV: Financial Statement Quarter 1/2018 (holding company) (11/05/2018)

>   TKC: Notice of record date for AGM 2018 (11/05/2018)

>   ITA: Notice of the holding of Annual General Meeting 2018 (11/05/2018)