SVC: Explanation for business result in QIII.2011

Saigon General Service Corporation (HOSE: SVC) explained the fluctuation in business result in QIII/2011 compared to QIII/2010:

Revenue from sales of the consolidated Savico increased high compared with the same period of last year:

- The situation Hyundai cars in QIII/2011 of City Automobil Corporation and Song Han Automobil Corporation made revenue in QIII/2011 increased VND151 billion

- Revenue from sales of Ford cars increased and Ben Thanh Auto Corporation stared with stable revenue from Quarter 4/2010 made revenue in QIII/2011 increased by VND167 billion

- Revenue from sales of Toyota cars in QIII/2011 increased by VND409 billion compared to the same period of last year

- Profit after tax in QIII/2011 increased VND19.7 billion (126.84%) compared with the same period of last year. Income after tax of the parent company increased by VND8.2 billion (56.23%).

HOSE

>   NTB: Explanation for business result in Q3.2011 (16/12/2011)

>   NAV: Resolution of the BOD (16/12/2011)

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

>   OGC: Explanation for business results in the QIII/2011 (16/12/2011)

>   RIC: QIII/2011 business results explanation (16/12/2011)

>   HCM: Resolution of the Board of Directors (16/12/2011)

>   DSN: Explanation for business result in QIII/2011 (16/12/2011)

>   GTA: Adjusts figures in Q3.2011 FS (16/12/2011)

>   DHA: Explanation for business result in QIII/2011 (16/12/2011)

>   DAG: Explanation for business result in QIII/2011 (16/12/2011)