House Viet Nam Joint Stock Company explained the fluctuation in revenue in Quarter 2/2010 compared with Quarter 2/2009:
Profit after tax
In 2009, the Company was building infrastructure of project The Boat Club Residences and not recorded revenue in Quarter 2/2009. Until June 2010, the Company transferred some house foundations to customers and recorded revenue in Quarter 2/2010. Therefore, revenue in Quarter 2/2010 was higher than Quarter 2/2009.