Thai Hoa Viet Nam Group JSC (THV) swung to a consolidated net loss of VND266 billion in 2011 from a net profit of VND42 billion in 2010, the firm said in its financial statements posted on HNX’s website.

The company reported consolidated revenue of VND1.33 trillion last year, versus VND2.22 trillion in the previous year.

 

In Q4/2011, THV posted VND199.4 billion consolidated net loss on VND264 billion revenue, compared to VND23.4 billion net loss and VND939.7 billion revenue a year back, respectively.

 

The firm had total assets of VND2.3 trillion at the end of quarter, against VND3 trillion at the beginning of this year.

Source HNX