VTL: Explanation for negative profit in QIV- 2011

Thang Long Wine JSC explained the negative profits in QIV/ 2011 as follows:

- Interest for bank loan, tax and inflation were high. Interest expenses increased from VND4,942 million in 2010 to VND9,305 million in 2011.

- The price of materials increased by 25-30%

- Relocation of a branch of plastic production increased the additional costs.

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>   THV: Explanation for the change of over 10% in operating result in QIV.2011 compared to QIV.2010 (18/02/2012)

>   SNG: Notice of record date for Annual General Meeting of Shareholders 2012 (18/02/2012)

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