SCD: Explanation for business result in Q2/2012

Chuong Duong Beverages Joint Stock Company has explained the difference in business profit between Quarter 2/2012 and Quarter 2/2011 according to the financial statements by Chuong Duong Beverages Joint Stock Company:

The company’s profit in Quarter 2/2012 was shorter of 50% than the same period of 2011.

Reason: Products in quarter 2/2012 decreased 35% leading total revenue went down 32% compared to the same period of 2011. Besides expense from selling did not decrease, general and administration expense increased 33% because expense from unemployment benefits in the first 6 months of 2012 went up compared to quarter 2/2011.

HOSE

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