DBC: Explanation for the change of over 5% in operating result in QIV- 2010

According to the Financial Statement Quarter IV/2010, the consolidated profit after tax increased 13.4% compared to Quarter IV/2009. DABACO Vietnam Corporation (HNX: DBC) explained the increase in operating result in QIV/ 2010 as follows:

- In QIV/2010, the price of raw materials went up, so on cost of goods sold has been increased accordingly. Therefore, however the sales increased, the profit after tax has been decreased.

- In QIV/2010, the price of goods increased, therefore the subsidiaries of DBC (One member limited liability companies) recorded a profit of VND 10.409 mil, meanwhile, in QIV/2009, these companies recorded a loss of VND 7.722 mil.

hnx

>   VE9: Notice of record date for AGM of Shareholders (17/05/2011)

>   SBT: Explanation for business result in Quarter 1.2011 (17/05/2011)

>   DRH: Explanation for business result in Quarter 1/2011 (17/05/2011)

>   DLG: Information on the 2011 annual shareholders’ meeting (17/05/2011)

>   DCL: Extension of the submission date for Audited FS 2010& Annual Report 2010 (17/05/2011)

>   KSB: Late submission of governance status report (17/05/2011)

>   DXV: Late submission of financial statements (17/05/2011)

>   CMX: Explanation for business result in quarter 1/2011 (17/05/2011)

>   PET: Explanation for the business results in quarter 1/2011 (17/05/2011)

>   SFI: Explanation for business result in Quarter 1.2011 (17/05/2011)