TRC: Explanation for profit in QII/2011

Tay Ninh Rubber JSC (HOSE: TRC) explained the fluctuation in business result in Quarter II/2011 compared to Quarter II/2010:

- Profit before tax in Quarter II/2010: VND63,932,948,940

- Profit before tax in Quarter II/2011: VND117,057,152,731

- Increase from Quarter II/2010: VND53,124,203,791

- Increase percentage: 83.1%

Reason: The average selling price of rubber in Quarter II/2011 was 66.6% higher than in Quarter II/2010 (The average price in Quarter II/2011 was VND97,216,562/ton, and in in Quarter II/2010 it was VND58,356,904/ton.)

HOSE

>   MHC: Explanation for business result in QII/2011 (03/08/2011)

>   MCP: Explanation for business result in QII.2011 (03/08/2011)

>   GMD: Explanation for business result in 6 months of 2011 (03/08/2011)

>   DMC: Resolution of the BOD (03/08/2011)

>   CTG: Vietinbank sets up a branch in Germany (03/08/2011)

>   DLG: Explanation for business result in QII.2011 (03/08/2011)

>   CLSC: Founding a trading office (03/08/2011)

>   WSS: WSS closes a trading office (03/08/2011)

>   HAG likely to receive $120 mln in foreign investment (02/08/2011)

>   CMV: Explanation for business result in Q2.2011 (01/08/2011)