CDC: Explanation for business results in Q3/2011

Chuong Duong Corporation (HOSE: CDC) has announced explanation for business result in QIII/2011 as follows:

- Revenue from sales and services in QIII/2011 by VND42,218,471,576 decrease 57% compared with the same period of last year. Because unfavorable real estate market leading to consolidated revenue decreased

- Cost of goods sold in QIII/2011 higher than the same period of last year. Because rising material prices, salary and interest rates in the period.

HOSE

>   MCV: Explanation for business result in QIII/2011 (29/11/2011)

>   JVC: Resolution of the BOD (25/11/2011)

>   KSA: Resolution No.14 of the Board of Directors (25/11/2011)

>   HPG: Revenue & loss in the first 10 months of 2011 (25/11/2011)

>   HPG: Revenue & loss in the first 9 months of 2011 (25/11/2011)

>   HDC: Hodeco allowed to invest in a tourism project in Vung Tau (25/11/2011)

>   EIB: Resolution of the BOD (25/11/2011)

>   SEC: Correction to Profit after tax in Q3.2011 (24/11/2011)

>   DCC: The delisting of DCC’s stock on the stock exchange (24/11/2011)

>   FDG: Explanation for business result in Q3/2011 (24/11/2011)