PXM: Explanation for business results in quarter 2.2012

Mientrung Petroleum Construction Joint Stock Company has explained business results in quarter 2.2012beside quarter 2.2011 as follows:

• Revenue in Quarter 2.2012: 25,478,696,473 dongs
• Revenue in Quarter 2.2011: 189,039,663,785 dongs
• Profit in Quarter 2.2012: -22,067,121,736 dongs
• Profit in Quarter 2.2011: 2,405,622,037 dongs

Profit in Quarter 2.2012 decreased sharply beside Quarter 2.2011 because the difficult global of economic, revenue in Quarter 2.2012 was lower than revenue in Quarter 2.2011. Beside, financial expense was very high 13.7 billion dongs, general & administrative expense were higher than revenue in the period.

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