PGC: Explanation for business result in 2010

Petrolimex Gas Joint Stock Company (HOSE: PGC) explained the fluctuation in the consolidated profit in 2010 compared to the consolidated profit in 2009:

• Consolidated profit after tax in 2009 (Company benefit): VND63,800,611,445.

• Consolidated profit after tax in 2010 (Company benefit): VND46,593,265,788.

Although revenue in 2010 was higher than in 2011, profit after tax in 2010 decreased by VND17,207,345,657 (Or 27%) mainly because of effects of exchange rate differences and loan interest rates.

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