SHN: Holding Firm Posts 85.8b dong Reviewed Net Loss in H1/2012
Hanoi Investment general Corporation (SHN) holding firm posted VND85.77 billion reviewed net loss in the first half of 2012 from VND11.1 billion net profit a year ago. The firm said in its financial statement sent to HNX’s website.
The firm generated VND9.02 billion revenues in H1/2012, compared with VND163.7 billion a year ago.
Of note, the firm’s financial revenues fell to VND53 million in H1/2012 from VND33.2 billion a year back. While its financial expenses also dropped to VND28.4 billion in H1/2012 from VND56.3 billion in H1/2011.
Of note, the firm’s management cost were up to VND49.5 billion in H1/2012 from VND3.8 billion in H1/2011.
The firm suffered VND117 million other loss in H1/2012, compared with VND33.8 billion gain a year ago.
The firm had total VND465 billion assets by June 30, 2012, versus VND564 billion at January 1, 2012.
Category: Business
