SPP: Business operational explanation

According to the Financial Statement QIII/2011, profit after tax of QIII/2011 of the company decreased by 45.94% year on year (VND5,112,352,350 and VND9,456,602,106 in QIII.2011 and QIII.2010 respectively). Saigon Plastic Packaging JSC (HNX: SPP) explained the decrease in operating result in QIII/2011 as follows:

- Increase in interests, foreign exchange and input materials caused increase in financial expenses, production costs. Meanwhile, the Company met difficulities in adjusting the selling prices, which made the profit decrease.

HNX

>   PJC: Business operational explanation (08/11/2011)

>   PRC: Business operational explanation (08/11/2011)

>   PVS: Business operational explanation (08/11/2011)

>   PVV: Business operational explanation (08/11/2011)

>   MEC: Business operational explanation (08/11/2011)

>   INC: Business operational explanation (08/11/2011)

>   HLY: Business operational explanation (08/11/2011)

>   SKS: Business operational explanation (08/11/2011)

>   PVG: Business operational explanation (08/11/2011)

>   TPP: Board Resolution on share transfer (08/11/2011)