TST: QII/2011 consolidated FS explanation

Telecommunication Technical Service JSC (HNX: TST) explained difference in profit after tax in the Reviewed consolidated financial statement (FS) 2011 as follows:

- Consolidated Profit after tax in Financial statement QII.2011: VND911,493,561

- Profit after tax in Reviewed consolidated financial statement 2011: VND3,946,998,408

- Difference: VND3,035,504,847 (+333%)

Reasons for the difference:

- Increase in accounting profit before tax: VND4,090,248,561 (+4.9%)

- Increase in Cost of goods sold: VND6,802,229,331 (+11.4%)

- Decrease in Financial expenses: VND5,894,805,743 (-29.9%)

- Increase in General and administration expenses: VND657,501,129 (+10.1%)

These adjustments increase the profit after tax in Reviewed consolidated financial statement by VND3,035,504,847.

HNX

>   PVL: QII/2011 Business Explanation (13/09/2011)

>   PLC: QII/2011 Business Explanation (13/09/2011)

>   CII: QII/2011 audited FS submission extension (13/09/2011)

>   KMR: 2011’s first half audited FS submission extension (13/09/2011)

>   PXS: Resolution of the Board of Directors (13/09/2011)

>   EVE: Explanation in price fluctuations (13/09/2011)

>   PHS: QII.2011 business explanation (09/09/2011)

>   V11: 2011 Audited Financial Statement Explanation (09/09/2011)

>   GBVS: GBVS sets up a branch (09/09/2011)

>   CMV: 2011 extraordinary shareholders’ meeting notice (08/09/2011)