ALP: Explanation for business result in Quarter 2/2010

Profits of Alphanam Joint Stock Company in Quarter II and the first six months of 2010 were higher than profits in the same period of 2009 thanks to the following reasons:

* In 2009, Alphanam Joint Stock Company was affected from the global economic crisis, so profit in Quarter II/2009 as well as the first six months of 2009 increased at a low level. The Company, moreover, had to cut financial losses in 2009.

* The Company’s business operations in the first six months of 2010 were normal and results were according to the business plan for 2010 which was approved by the shareholders’ meeting.

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