HU1: Explanation for peaking at the ceiling price

HUD1 Investment and Construction Joint Stock Company has explained about peaking at the price in 5 consecutive trading sessions from February 22, 2012 to February 28, 2012 as follows:

- In 2011,The securities market continued to decline, share prices fell deeply (current prices were much lower than the company’s investment potential leading to HU1’s price has attracted the investors’ interest.

- According the unaudited financial statement in 2012, gross profit increased 216% (VND35,229 billion) compared to the same period of the year. Cumulative whole 2011, net profit was VND52,791 billion, up 365% compared to the same period of last year. EPS at VND5,279.

- The company has operated as normal. It was out of control of the company.

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