SEB: QII-2011 Operating result explanation

According to the Financial Statement QII-2011, operating result is higher in compare to Quarter II/2010. Mien Trung Power Investment and Development JSC (HNX: SEB) explained the increase in operating result in QII-2011 as follows:

- The factory was stable operating had given higher production than QII-2010 because the water supply was ensured;

- The Company has signed power supply contracts following Decision No. 18/2008/QD-BTC dated 18/07/2008 with the avoided cost standard. In QII-2011 (From April to June), dry season, the power prices was high;

- Adjustment of amortized time has caused the decrease of cost in compare to QII-2010.

HNX

>   SED: QII-2011 Operating result explanation (04/08/2011)

>   S91: QII-2011 Operating result explanation (04/08/2011)

>   SGC: QII-2011 Operating result explanation (04/08/2011)

>   SAF: QII-2011 Operating result explanation (04/08/2011)

>   SD2: QII-2011 Operating result explanation (04/08/2011)

>   S55: QII-2011 Operating Results Explaination (04/08/2011)

>   MAFPF1: NAV from 21 July 2011 to 28 July 2011 (04/08/2011)

>   VFMVFA: NAV from 21 Jul 2011 to 28 Jul 2011 (06/08/2011)

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>   VFMVF1: NAV from 21 Jul 2011 to 28 Jul 2011 (06/08/2011)