DXV: Explanation for Q2/2012 business result

Da Nang Contruction Building Materials Vicem Joint Stock Company (COXIVA) explained the fluctuation in profit before tax in Quarter 2/2012 compared to Quarter 2/2011:

	Unit	Quarter 2/2012	Quarter 2/2011	Comparison (%)
Selling production
- Cement	Ton	109,290	103,620	105%
- Brick	Brick	12,156,720	10,977,622	111%
- Packaging	Pack	7,730,942	7,482,285	103%
Revenue	Million dongs	191,875	180,472	106%
Cost of goods sold	Million dongs	189,852	172,478	110%
Profit before tax	Million dongs	2,184	3,960	55%

-         DXV’s profit in Quarter 2/2012 was equal to 55 percent of profit in Quarter 2/2011 because of the following reasons:

+         The selling production of all products in Quarter 2/2011 increased, so revenue increased 6 percent compared to Quarter 2/2012.

+         In Quarter 2/2012, DXV’s financial profit was not recorded while financial profit in Quarter 2/2011 was VND1.9 billion.

HOSE

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