BAS: Explanation for the 2009 business results

Basa Joint Stock Corporation (BASACO) has explained VND3,728,712,316 of the 2009 loss results because of the following reasons:

The number of orders decreased because some companies produced the products with low quality and made some markets close for Vietnamese products. Besides, the number of orders decreased because of the crisis in 2008-2009. Therefore, the company had to decrease selling price.

Risks of exchange rate

In the last months of 2009:

* The exporting price increased but low

* The company exported additionally a kind of product: Frozen sea bass

* The company reinforced the sales activities if inventories (Can get an amount and decrease inventories for the current state)

* Decreasing expenses and scale of business in the possible way

* From decreasing scale of business, the company sold a part of excess assets and saved production expenses.

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>   TRI: Explanation for loss in quarter 4/2009 and in 2009 (10/02/2010)

>   DVD: Explanation for business difference in 2009 (09/02/2010)

>   DXG: Confirming the business result (09/02/2010)

>   DXG: Extension time of submitting the quarter 4/2009 financial statements (09/02/2010)

>   HLA: Violations of information announcement of an inside shareholder (09/02/2010)

>   PNJ: The record date for the 2010 annual shareholders’ meeting (09/02/2010)

>   TCM: The record date for dividend payment & annual meeting (09/02/2010)

>   AAM: Notice of Annual General Meeting (09/02/2010)

>   HMC: Notice of Annual General Meeting (09/02/2010)

>   NTL: Notice of Annual General Meeting (09/02/2010)