NKG: Explanation for parent company business result in Q1, 2014
NKG: Explanation for parent company business result in Q1, 2014
Nam Kim Steel Joint Stock Company explained business result in Q1/2014 compared to Q1/2013 as follows:
- Profit in Q1/2014 was less than profit in Q1/2013
- Reason:
+ Unfinished construction items completed, leading to depreciation of fixed assets expense increased
+ Material prices and transportation costs increased.
HOSE