TKU: Explanation for difference in FS 2008 before and after auditing

Tung Kuang Industrial JSC explained difference in financial statement 2008 before and after auditing as follows:

1. Due to influence of global economic crisis, the aluminum price decreased unexpectedly the company set up provision of inventory price decrease.

2. Tung Kuang Industrial JSC owns 80% of Tung Yang company’s capital. Tung Yang JSC came into operation in a short time with loss operating result, thus the company had to set up a financial provision for Tung Yang.

3. In 2008, the company borrowed loan from the bank in USD to pay for material import when foreign exchange was low, however, at the time of payment, foreign exchange was high. As a result, the company suffered loss from the foreign exchange difference.

hastc

>   HBE: Change in time for transfer of share purchase rights (11/05/2009)

>   SD5: Notice of record date for Dividend payment (19/5/09) (11/05/2009)

>   HASTC Notice: Admission in principle of listing of HBD (11/05/2009)

>   EBS: Notice of transaction of principal shareholder (11/05/2009)

>   EBS: Notice of transaction of Directors, PDMR (11/05/2009)

>   PVC: Result of transactions of Directors, PDMR (Mr. Duc) (11/05/2009)

>   PVI: Notice of record date for Dividend payment (20/5/09) (11/05/2009)

>   PVS: Result of transaction of connected person (Ms. Hoang Anh) (11/05/2009)

>   SAP: Result of transactions of Directors, PDMR (Ms. Thao) (11/05/2009)

>   DAE: Notice of transaction of principal shareholder (11/05/2009)