MTG: Explanation for business results in Q2/2012

MT Gas Joint Stock Company (MT GAS) has announced explanation for business result in quarter 2/2012 as follows:

-         Inventories in quarter 2/2012 was high and LPG price in the world went down strongly from USD1,205/ tons ( in 3/2012) to USD 722.5/ tons ( in 6/2012) leading cost of goods sold was higher than sales.

-         Products were sold slowly and revenue in quarter 2/2012 decreased 56% compared to quarter 2/2011.

-         Financial expenses in quarter 2/2012 increased 59% compared to the same period of last year. 

HOSE

>   VNSC: VNSC changes a address of Head Office (30/07/2012)

>   SDA: Financial Statement Quarter 2_2012 (30/07/2012)

>   S96: Financial Statement Quarter 2_2012 (30/07/2012)

>   SDY: Financial Statement Quarter 2_2012 (30/07/2012)

>   DXG: Explanation for business result in Q2.2012 (30/07/2012)

>   VSC: Explanation for business result in Q2.2012 (30/07/2012)

>   VSG: Explanation for business result in Q2.2012 (30/07/2012)

>   VSG: Explanation for consolidated business result in Q2.2012 (30/07/2012)

>   PPG: Financial Statement Quarter 2_2012 _holding company (30/07/2012)

>   POT: Financial Statement Quarter 2_2012 (30/07/2012)