STT: Explanation for business result in QII-2011

Saigontourist Transport Corporation (HOSE: STT) has explained business results in QII-2011 beside QII-2010 as follows:

• Profit after tax in QII-2011: VND163,701,362

• Profit after tax in QII-2010: VND1,203,097,441

• Decreased: VND1,039,396,078

• Sales and services in QII-2011 :VND14,259,092,723

• Sales and services in QII-2010: VND20,193,850,514

• Decreased: VND5,934,757,791

+ Segregate travel services and establishment of new company with capital 100% from Saigontourist Transport Corporation started activities from April 01, 2011

+ Revenue from labor export to difficult markets to make revenue significant decreased

- Sales and services decreased because revenue from travel services and revenue from labor export decreased

- Financial expenses decreased because the company has paid a fractional of principal with Vietinbank – HCMC Branch from VND19,258,486,960 to VND9,000,000,000.

HOSE

>   TS4: Explanation for business results in QII-2011 (04/08/2011)

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>   LGC: Explanation for business result in QII.2011 (04/08/2011)

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

>   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)