PJC: Explanation for the change of over 5% in operating result in QII- 2010

According to the Financial Statement Quarter II/2010, net income increased compared to Quarter II/2009. Petrolimex Hanoi Transportation and Trading JSC explained the increase in operating result in QII/ 2010 as follows:

- The company was permitted by the Vietnam Oil and Gas Group to widen its transportation operation in Quang Ninh, Thai Binh, Hai Duong, Hai Phong Province.

- The company has acquired additional transportation vehicles, take advantage of current vehicles, reduces expenses, therefore the revenue has been increased.

- Widen retail network, increased output, reduce selling expenses, therefore revenue has been increased accordingly.

hnx

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