CDC: Explanation for consolidated business results in Q2/2012

Chuong Duong Corporation has announced explanation for consolidated business result in quarter 2/2012 as follows:

-         Profit before tax in Quarter 2/2012 was VND1,290 billion decreasing 76.55% compared to Quarter 2/2011.Reason:

+         Consolidated revenue in Quarter 2/2012 was VND58,198 billion. 

+         Revenue in Quarter 2/2012: revenue from construction and revenue from office for rent.

+         Revenue in Quarter 2/2011: revenue from construction, projects trading and material trading, in which revenue from office for rent in Quarter 2/2012 went down 23.87% compared to the same period of last year.

+         Cost of goods sold in Quarter 2/2012 increased 11.08% compared to the same period of last year. In which, cost of goods sold from construction went up 13.59% and cost of goods sold from office for rent went up 10.07%

HOSE

>   LBM: Explanation for consolidated business result in Quarter 2/2012 (15/08/2012)

>   PNC: Explanation for business result of parent company in Q2/2012 (15/08/2012)

>   SRF: Explanation for business result in Q2/2012 (15/08/2012)

>   SDC: Financial Statement Quarter 2_2012_Consolidated (15/08/2012)

>   HT1: HA TIEN 1.J.S.CO winds up branch (15/08/2012)

>   EFI: Report on use of proceeds (15/08/2012)

>   ALV: Financial Statement Quarter 2_2012 (15/08/2012)

>   BBS: Explanation for delay in submit financial statement Q2/2012 (14/08/2012)

>   BSI: Financial statements & liquidity ratio for the first 6 months of 2012 (14/08/2012)

>   CLG: Explanation for business result in Quarter 2.2012 (Parent Company) (14/08/2012)