RIC: Business result in Q4/07

Royal International Corporation (Royal International Corp) has informed of business result in Q4/2007 as follows:

Accumulative profit after tax 2007: VND57,814,820,031

Profit/total investment cost: 14%

Profit after tax Q4/2007: VND8,639,564,124

Reasons:

In Q4/2007, the company pushed business and restructured organization into 4 sections:

+Royal International Club

+Four Point Sheraton Hotel

+Royal villa

+Royal Seashore Park

The company expanded business to Taiwan, Hong Kong, China in Q4/07 especially signed contracts to pass visitors from China to Royal International Club thus net revenue of Royal International Club was USD1,800,000. Royal Seashore Park was put into operation in July 2007 and its revenue in Q4 was USD250,000.

In 2008, the company targets to reach a 50% increase of business result.

HoSE

>   SAV: Business result in Q4/2007  (12/02/2008)

>   SSC: Explanation for the increase in business result Q4/2007 (12/02/2008)

>   TCR: Listing and trading the additional shares (12/02/2008)

>   TDH: Trading result of a major shareholder (Grinling International) (12/02/2008)

>   APSI: Sets up a branch (12/02/2008)

>   HSC: Set up order-receiving agency (12/02/2008)

>   CII: Business result in Q4/2007 (12/02/2008)

>   PVT: Extend time of submitting financial statement Q4/07 (12/02/2008)

>   VNE: Extend time of submitting financial statement Q4/07 (12/02/2008)

>   CAN: Business result in Q4/2007 (12/02/2008)