ITC: Explanation for business result in Q3/2010

Investment & Trading of Real Estate Joint Stock Company (HoSE: ITC) explained reasons making the profit after tax in Quarter 3/2010 increase 10% from Quarter 3/2009:

- Profit in Quarter 3/2010: VND50,227,328,559

- Profit in Quarter 3/2009: VND29,053,101,102

- Difference: VND21,174,227,457

- Increase ratio: 72.88%

Main reasons:

1. The Company transferred Phuoc Kien project.

2. Administration cost and selling cost in Quarter 3/2010 were lower than in Quarter 3/2009.

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