SRF: Explanation for business result in Q2/2011

Seaprodex Refrigeration Industry Corporation (HOSE: SRF) has explained business result in Q2/2011 compared to Q2/2010 as follows:

Profit before tax Q2/2011 increased 29% compared to Q2/2010.

Reasons:

• Revenue quarter 2/2011 decreased compared to quarter 2/2010 but gross profit increased because reimbursement of contingent expenses

• General & administrative expenses decreased compared to quarter 2/2010 because the company retrieved bad loans.

hose

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>   rùng tinHDG: Explanation for business result in quarter 2/2011 (28/07/2011)

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