KMR: Explanation for business result in Q2.2012

Mirae Joint Stock Company explained the fluctuation in business result in Quarter 2.2012 as follows:

-         Profit after tax in Quarter 2/2012 was VND1,435,577,769, decreasing VND1,871,859,102 or (57%) compared to in Quarter 2/2011 because:

+              In Quarter 2/2012, The company was the decrease selling prices, making inventories went down.

+              Besides, economic difficulties, products in Quarter 2/2012 went down compared to in Quarter 2/2011, leading  ratio of cost of goods sold/ revenue in Quarter 2/2012 increased more strongly than in Quarter 2/2011. Therefore, gross profit from selling in Quarter 2/2012 decreased compared to the same period of last year.

HOSE

>   MDG: Explanation for business results in quarter 2.2012 (21/08/2012)

>   VTB: VTB reminded to submit financial statements (21/08/2012)

>   GIL: Explanation for consolidated financial statements in Q2.2012 (21/08/2012)

>   LHG: Extension for submission of reviewed semi-annual financial statements Q2.2012 (21/08/2012)

>   THG: Extension for submission of consolidated financial statements Q2.2012 (21/08/2012)

>   VCB: Explanation for not submitting the consolidated Q2.2012 financial statements (21/08/2012)

>   ONE: Reviewed financial statement 2012 (21/08/2012)

>   PJC: Reviewed financial statement 2012 (21/08/2012)

>   POT: Reviewed financial statement 2012 _holding company (21/08/2012)

>   PPG: Financial Statement Quarter 2_2012 (21/08/2012)