HCC: Explanation for the change of over 5% in operating result in QII- 2009

Revenue in QII/2009 increased by 29.5% compared to QI/2009. Hoa Cam Concrete JSC explained the increase in QII/ 2008 as follows:

-         Product of Concrete in QII/2009 increased by 7,787.6 m3 compared to QI/2009

-         Revenue of building in QII/2009 is VND 1,339,944,545 but in QI this is VND 0.

-         But in QII/2009, foreign exchange differences are VND 248,550,000 and building active lost VND 370,473,178. So, Profit after tax in QII/2009 just increased by 18% compared to QI/2009.

hnx

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