PXM: QIII/2011 business results explanation

Mientrung Petroleum Construction JSC (HOSE: PXM) has explained business results in QIII/2011 beside QIII/2010 as follows:

- Total revenue in QIII/2011: VND454,818,833,318

- Revenue from construction in QIII/2011: VND249,681,001,879

- Revenue from selling hotel: VND205,137,831,439

- Total profit before tax: VND26,718,659,464

- Financial income in QIII/2011 higher than compared to the same last year

- Financial expenses on revenue in QIII/2011 down compared to the same last year (from 4.5% to 2%)

- Profit from release achievement

- Management and control system better.

HOSE

>   FLC: Board Resolution (16/12/2011)

>   FLC: Board Resolution (16/12/2011)

>   DAC: Board Resolution on adjustment of profit plan 2011 (16/12/2011)

>   VLF: Explanation for business results in Q3.2011 (15/12/2011)

>   MTG: Explanation for business results in Q3/2011 (15/12/2011)

>   MPC: Export turnover in 11 months of 2011 (15/12/2011)

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>   Vietnam’s FPT to miss profit target, aims to boost M&A activity (15/12/2011)

>   MAFPF1: NAV from 01 Dec 2011 to 08 Dec 2011 (13/12/2011)

>   SJM: Board Resolution on dissolve branch (13/12/2011)