VIP: Explanation for business result in Q2/2012

Viet Nam Petroleum Transport Joint Stock Company has explained the fluctuation in business result in the parent company’s Quarter 2/2012 financial statements compared to Quarter 2/2011:

	Quarter 2/2011 (VND)	Quarter 2/2012 (VND)	Difference (VND)	Ratio (%)
Profit after tax	53,648,354,710	23,278,841,235	30,369,513,475	56.6

-         The parent company’s profit after tax in Quarter 2/2012 was lower than the profit in the same period of 2011 because:

+         In Quarter 2/2012, tanker Petrolimex 15 had to stop operations for 26 days (including 10 days of repair), so revenue and profit from transport decreased.

+         In Quarter 2/2011, VIP gained a profit of VND41,108,812,223 from subsidiaries, so its financial income increased.

HOSE

>   Kim Eng Viet Nam Securities JSC: Amendment Establishment Decision of Phu Nhuan Branch (27/07/2012)

>   BVSC: Explanation for business result in Q2/2012 (27/07/2012)

>   GTT: Explanation for profit in Quarter 2.2012 (27/07/2012)

>   ELC: Explanation for business results in quarter 2/2012 (27/07/2012)

>   SD7: Financial Statement Quarter 2_2012 _holding company (27/07/2012)

>   SDU: Financial Statement Quarter 2_2012 (27/07/2012)

>   SDH: Financial Statement Quarter 2_2012 _holding company (27/07/2012)

>   SDB: Financial Statement Quarter 2_2012 _holding company (27/07/2012)

>   SD9: Financial Statement Quarter 2_2012 _holding company (27/07/2012)

>   SCJ: Financial Statement Quarter 2_2012 (27/07/2012)