According to the Financial Statement Quarter IV/2011, profit after tax of Quarter IV/2011 decrease over 10% year on year. Thang Long Telecommunications JSC explained the decrease in operating result in Quarter IV/2011 as follows:
- The company faced to many difficulties: price of materials increased, market of telecommunication narrower, difficult to raise capital.
- Change in human resources: General Manager, many workers
- Loss of the liquidation of unprofitable assets.