D11: QII/2011 Operation results explanation

According to the Financial Statement Quarter II/2011, profit after tax decreased by VND 12,529,373,543 equaling to 77.15% year on year. Real Estate 11 JSC (HNX: D11) explained the decrease in operating result in QII/ 2011 as follows:

The reason for the decrease is that revenue from financial activities in Quarter II/2010 was high so profit increased. In Quarter II/2011, main revenue was from building activities so profit was low.

HNX

>   PCG: Board Resolution on establishment of branch and 02 places for business in Vung Tau (12/08/2011)

>   PVC: Establishment of branch in Hochiminh City (12/08/2011)

>   PVA: QII-2011 Operation results explanation (12/08/2011)

>   PVX: QII-2011 Operation results explanation (12/08/2011)

>   SDG: QII/2011 Operation results explanation (12/08/2011)

>   SBS: Branch operation shutdown (12/08/2011)

>   RDP: Explanation for business result in QII/2011 (12/08/2011)

>   VNI: The BOD’s resolution of buying back shares (12/08/2011)

>   VNI: The BOD’s resolution of buying back shares (12/08/2011)

>   CMX: Extension of the submission date for QII/2011 financial statements (12/08/2011)