HBS: QII/2011 Operation results explanation

Hoa Binh Securities JSC (HNX: HBS) explained the decrease in operating result in QII/ 2011 as follows:

Because of unfavorable stock market, HBS was affected in Quarter II/2011. To preserve capital, HBS decreased investment portfolio of securities dealing so revenue from securities dealing reduced.

Therefore, profit of Quarter II/2011 of the Company decreased year on year:

HNX

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