SPM: Explanation for business result in Quarter 1/2012

S.P.M Corporation explained business result in Quarter 1/2012 as follows:

                                                                                                            Unit: VND

Items	Quarter 4/2011	Quarter 4/2010	Comparison with the same period last year
Net income	87,131,625,403	65,500,201,381	21,631,424,022	33%
Financial income	9,033,668,954	4,523,090,471	4,510,578,483	100%
Profit after tax	18,462,980,461	13,655,744,602	4,807,235,859	35%

-         Profit in quarter 1/2012 increase by VND4.8 billion (+35%) compared to quarter 1/2011, mainly because:

+        Income from selling in quarter 1/2012 increased by VND21.63 billion (+1.07%) compared to quarter 1/2011.

+        Income from financial in quarter 1/2012 increased by VND4.5 billion (+100%) compared to quarter 1/2011 because profit from interest was VND3.73 billion.

HOSE

>   TRC: Explanation for business result in Q1/2012 (16/06/2012)

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

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

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

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

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

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

>   DDS: Information of the 2011 audited financial statements (16/06/2012)

>   CSG: Meeting date & venue for the extraordinary of AGM 2012 (16/06/2012)