HVX: Explanation for business result in Q1.2012

Vicem Hai Van Cement Joint Stock Company explained the fluctuation in business result between Quarter 1.2012 and Quarter 1.2011:

By: VND

	Quarter 1.2012	Quarter 1.2011	Ratio
Total revenue	152,810,201,442	199,705,291,157	77%
Total expense	148,412,338,439	196,396,492,213	76%
Profit before tax	4,397,863,003	3,308,798,944	133%
Profit after tax	3,293,147,253	2,481,599,208	133%

-         In Quarter 1.2012, profit after tax reached 133%, increasing 33% compared to the same period of last year although revenue decreased in the period because the company saved production costs, selling expense, deduction policy.

HOSE

>   PVD: Explanation for business result in Q1.2012 (parent company) (16/06/2012)

>   DNP: Time and Place for Annual General Meeting of Shareholders 2012 (16/06/2012)

>   PCT: Explanation for difference in financial statement 2011 before and after auditing (16/06/2012)

>   HBD: Explanation for the change of over 10% in operating result in QIV.2012 compared to QIV.2011 (16/06/2012)

>   PCT: Explanation for difference in financial statement 2011 before and after auditing (16/06/2012)

>   DTC: Explanation for the change of over 10% in operating result in QIV.2012 compared to QIV.2011 (16/06/2012)

>   TSS: Link to the 2011 Audited Financial Statements (16/06/2012)

>   GGG: Annual General Meeting of Shareholders 2012 (16/06/2012)

>   HBB: Results of Annual General Meeting of Shareholders 2012 (16/06/2012)

>   DLR: Results of Annual General Meeting of Shareholders 2012 (16/06/2012)