SDE: QII-2011 operating explaination

According to the Financial Statement QII-2011, profit after tax is VND 872,233,244 with an decrease of VND 89,969,441 (10.31%) compared to QII-2010 (VND 962,202,685). Song Da Electrical Engineering JSC (HNX: SDE) explained the decrease in operating results in QII/2011 as follows:

- The increase of banking interest caused the increase of financial expenses from VND 476,826,382 to VND 1,035,250,710

- In general, the market economy was in difficult time. Therefore, the Company’s gross sale and merchandise service is VND 11,242,931,954 with an decrease of VND 735,356,455 compared to QII/2010 (11,978,288,409.)

HNX

>   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)

>   ASP: ASP transfers share ownership in 2 companies (08/08/2011)

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

>   GTA: Explanation for increase of profit in QII-2011 (08/08/2011)

>   SBA: Explanation for business result in QII-2011 (06/08/2011)

>   PHR: BOD Resolution No.4 (06/08/2011)

>   BSI: Resolution of Extraordinary Shareholders’ Meeting 2011 (06/08/2011)

>   DCL: Late submission of FS report & annual report (Time 3rd) (06/08/2011)