HAI: Explanation for business result in QII/2011

H.A.I JSC (HOSE: HAI) explained the business fluctuation in QIIS/2011 (from April 01, 2011 to June 30, 2011) loss VND4,288,254, reason the following as follows:

- In quarter 3.2011 revenue decreased from VND287,524,719,426 to VND107,094,070,427.

- Expenses:

+ Financial expenses increased from VND6,744,246,422 to VND12,647,451,670 (87.73%). In which interest expenses decreased from VND5,520,945,851 to VND4,418,967,334 but higher than compared with the same period last year (VND2,660,986,678)

+ General & administrative expenses increased from VND88,769,518 to VND4,492,458. Losses in quarter 3.2011 because revenue decreased not sufficient good the deficit to fixed cost.

HOSE

>   FBT: 2011’s First Half Audited FS Submission extension (29/08/2011)

>   VHC: Explanation for business result in QII/2011 (26/08/2011)

>   VIP: Explanation for business result in 6 months of 2011 (26/08/2011)

>   POT: Notice of Extraordinary General Meeting of Shareholders 2011 (26/08/2011)

>   VFG: Explanation for business result in QII/2011 (29/08/2011)

>   DCT: 2011’s first half Audited FS submission extension (29/08/2011)

>   DCL: Explanation for business result in QII/2011 (25/08/2011)

>   PTB: Explanation for business result in QII/2011 (25/08/2011)

>   HLG: Explanation for business result in QII.2011 (25/08/2011)

>   ICG: QII/2011 Operation explanation (25/08/2011)