VTC: Business result in Q3/08

VTC Telecommunications Joint Stock Company (VTC) has informed of business result in Q3/08 as follows:

*  Decrease of sales:

- Facing difficulties of payment in cash, high interest rate, the business proactively limited trading to minimize risks.

- Most of customers use telephone scratching cards which have cheap price. Thus although consumption of the kind of cards increased, sales still decreased 36.45% compared to that in Q2/08.

*  Increase of expenses:

- Expenses of loan rate were high, increasing 41.4% compared to Q2/08.

- Foreign exchange rate highly fluctuated which led to losses of importing orders with the amount of VND98,721,405

HoSE

>   NKD: Trading Result of Major Shareholder (28/10/2008)

>   SHC: Trading Result (Luu Thi Van) (28/10/2008)

>   VFC: Trading Result of Major Shareholder (28/10/2008)

>   ACL: Dividend Advance and Extraordinary Meeting (28/10/2008)

>   CYC: No trading of treasury stock (28/10/2008)

>   GIL: Extension for submitting financial statement in Q3/08 (28/10/2008)

>   SMC: Resignation of a member of the Supervisory Board (28/10/2008)

>   VPL: Insider Trading (28/10/2008)

>   ALT: Business result in Q3/08 (28/10/2008)

>   TSC: Insider trading (Mr. Nguyen Xuan Khoa) (28/10/2008)