FDG: Explanation for business result in Q3/2011

Dongthap Trading Corporation (HOSE: FDG) has explained the fluctuation in profit between QIII/2011 and QIII/2010 according to Docimexco’s consolidated financial statements:

- Profit after tax in QIII/2010: VND15,564,842,957

- Profit after tax in QIII/2011: -VND7,282,925,527

Reason:

- The ratio of Cost of goods sold to Revenue in QIII/2011 was 94%, higher than 88% in QIII/2010, so the gross profit in QIII/2011 decreased sharply

- Besides, the interest expense in QIII/2011 was VND28,279,573,633 increasing near VND13 billion from VND15,747,238,856 in QIII/2010, because bank interest rates rose highly compared to the same period of 2010.

HOSE

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