TCL: Explanation for business results in quarter 4/2011

TanCang Logistics and Stevedoring Joint Stock Company (TANCANG LOGISTICS JSC) has announced explanation for business result in quarter 4/2011 as follows:

- Profit after tax in quarter 4/2011                         : 32,481,433,420 dongs

- Profit after tax in quarter 3/2009                         : 30,644,573,194 dongs

- Increased                                                           : 1,836,860,226 dongs

- Reasons:

+ Interest from investment in joint-venture in Quarter 4/2011 was 2,526,806,991 dongs, losses 1,939,292,224 dongs increased 4,466,099,215 dongs

+ Total revenue, net income in Quarter 4/2011 increased by 73.322.039.025 dongs (30.24%) compared to Quarter 4/2010. Total expenses in Quarter 4/2011 increased by 75,613,114,465 dongs (37.35%) to made profit from business decreased (2,291,075,440) dongs. Total expenses high because financial expenses in Quarter 4/2011 increased compared to the same period of last year.

hose

>   GMD: Explanation for the difference in profit after tax in 2011 (03/03/2012)

>   AGR: Explanation for business result in Quarter 4/2011 (03/03/2012)

>   FPT: Business plan for 2012 (03/03/2012)

>   VIC: Resolution of the Board of Directors (03/03/2012)

>   HAG: The record date for the 2012 Annual General Meeting of Shareholders (03/03/2012)

>   FPT: The record date for the 2012 Annual General Meeting of Shareholders (03/03/2012)

>   LM8: The record date for the 2012 Annual General Meeting of Shareholders (03/03/2012)

>   NHW: The record date for the 2012 Annual General Meeting of Shareholders and the payment for No1.2011 (03/03/2012)

>   PJT:The record date for the 2012 Annual General Meeting of Shareholders (03/03/2012)

>   POM: The record date for the 2012 Annual General Meeting of Shareholders and the payment for 2011 (03/03/2012)