NSC: Explanation for business result in QII.2011

National Seed JSC (HOSE: NSC) explained the fluctuation in business result in QII-2011 compared to QII-2010 as follows:

Total profit after tax in QII-2011 was VND25,729,912,203 and increased 63.30% from QII-2010 because of the increase in seed prices from 20% to 30%. Besides, in 2011, the Company has some products which are tax-exempt, so in QII-2011 , the Company did not pay the corporate income tax of the main business activity, and this made its profit increase.

HOSE

>   KSS: Explanation for business result in QII-2011 (09/08/2011)

>   SNG: QII-2011 Operating Explaination (09/08/2011)

>   TV3: QII-2011 Operating Explaination (09/08/2011)

>   PVS: Board Resolution (09/08/2011)

>   SHN: QII-2011 Operating Explaination (09/08/2011)

>   SRB: QII-2011 Operating Explaination (09/08/2011)

>   SDE: QII-2011 operating explaination (09/08/2011)

>   POM: Profit in the first half of 2011 (08/08/2011)

>   PAC: Explanation for business result in QII-2011 (08/08/2011)

>   DHA: Explanation for business result in QII-2011 (08/08/2011)