SFC: Explanation for business result in Quarter II.2011

Saigon Fuel Company (HOSE: SFC) explained the fluctuation in business result between Quarter II/2011 and Quarter II/2010:

According to the consolidated financial statements, profit after tax in Quarter II/2010 and Quarter II/2011 as follows:

• Profit after tax in Quarter II/2010: VND 4,321,764,135

• Profit after tax in Quarter II/2011: VND 7,994,238,341

Profit after tax in Quarter II/2011 was higher than profit after tax in Quarter II/2010 because:

• Gross profit from petrol in Quarter II/2010: VND560/ liter

• Gross profit from petrol in Quarter II/2011: VND800/liter

• Selling volume in Quarter II/2011 increased from Quarter II/2010.

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