EVE: Explanation for business result in Quarter 2/2012

Everpia Vietnam JSC (stock code: EVE) explained the decrease in Quarter 2/2012 profit compared to Quarter 2/2011 profit:

	Quarter 2/2012	Quarter 2/2011	Difference
Profit after tax	24,532,771,180	36,281,897,331	-32.38%

-         Because of economic difficulties, people continue to tighten spending, and because of season factor unsuitable for bedding production, EVE’s bedding production and cotton sheet export were strongly affected. Although EVE’s revenue decreased 7.5 percent, EVE applied measures to stimulate consumption such as discount, promotion, etc., so EVE’s profit after tax in Quarter 2/2012 decreased 32.38 percent against the same period of 2011.         

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