VHC: Explanation for consolidated business result in Q1.2012

Vinh Hoan Corporation explained the fluctuation in consolidated business result between Quarter 1/2012 and Quarter 1/2011:

By: VND

Item	Quarter 1/2012	Quarter 1/2011	Difference
Net revenue	954,539,595,933	936,161,594,815	1.96%
Profit after tax of the parent company	49,257,078,801	82,852,960,853	(40.55%)

 -         The Company’s profit after tax in Quarter 1/2012 decreased because:

+         In quarter 1/2011, exchange rate fluctuations USD with VND but in quarter 1/2012 exchange rate fluctuations less.

+         Material cost was higher.

+         Selling production and price of export in quarter 1/2012 decreased compared to quarter 1/2011.

HOSE

>   PVF: Explanation for the business fluctuation in quarter 1/2012 (28/05/2012)

>   PPI: Explanation for the consolidated business fluctuation in quarter 1/2012 (28/05/2012)

>   SHC: 2012.Quarter I_ Financial Statement (28/05/2012)

>   SHN: 2012.Quarter I_ Financial Statement (consolidated) (28/05/2012)

>   SJE: 2012.Quarter I_ Financial Statement (consolidated) (28/05/2012)

>   SJM: 2012.Quarter I_ Financial Statement (consolidated) (28/05/2012)

>   SQC: 2012.Quarter I_ Financial Statement (28/05/2012)

>   SSG: 2012.Quarter I_ Financial Statement (28/05/2012)

>   STL: 2012.Quarter I_ Financial Statement (holding company) (28/05/2012)

>   STP: 2012.Quarter I_ Financial Statement (consolidated) (28/05/2012)