The company attributed its loss to rising material prices, fuel prices, labor prices and banking interest rates in the period.
The HOSE-listed company generated net revenue of VND27.46 billion in the quarter, compared to VND27.66 billion a year earlier.
Financial income fell to VND416.6 million in Q1/2012 from VND1.1 billion in Q1/2011, the firm reported.
The company had total assets of VND743.1 billion at the end of the quarter, against VND719.2 billion at the beginning of the year.
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