SDB: Explanation for change of over 10 percent in operating result Quarter I/2012 (holding company)

According to the Financial Statement Quarter I/2012, profit after tax is VND(5,196,922,479) with a decrease of 319.49% year on year (profit after tax of QI/2011 was VND1,565,698,479). Song Da 207 JSC explained the decrease in operating result in Quarter I/2012 as follows:

- Sales in Quarter I.2012 decreased by VND57.3 billion (63.94%) year on year because the capital recovery with contractors met many difficulities.

- Financial expenses increased by VND4.87 billion (367.26%) because borrowings for constructions have not been paid due to unsettlement of constructions.

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