MHC: QIII/2011 business results explanation

Hanoi Maritime Holding Company (HOSE: MHC) has explained business results of the parent company in QIII/2011 beside QIII/2010 as follows:

- Total revenue, financial incomes and other incomes: 587,438,313 dongs

- Loss of QIII/2011: -1,996,384,538 dongs

- Profit of QIII/2010: 508,770,976 dongs

- Business result in QIII/2011, the company loss compared to the same last year, mainly: After square the fleet of 2010, the office of parent company no business, after liquidating the ship team in 2010, the parent company did not carry on business, which did not generate revenue in QIII/2011. Since September, 2011, according the resolution of the BOD, the company moved the Hai An Building from its subsidiary to the mother company to own and do business. However, this operation has not created profit due to some unoccupied area and high interest expenses.

HOSE

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