PXM: Explanation for business results in quarter 2/2012

Mientrung Petroleum Construction Joint Stock Company has explained business results in quarter 2/2012 compared to in quarter 2/2011 as follows:

-         Total revenue

+         Revenue in Quarter 2/2012: VND47,278,880,605

+         Revenue in Quarter 2/2011: VND189,039,663,785

-         Total profit

+         Profit in Quarter 2/2012: -VND25,428,040,727

+         Profit in Quarter 2/2011: VND2,405,622,037

-         Reason:

+        In Quarter 2/2012, economic difficulties, revenue decreased 75% compared to in Quarter 2/2011. Besides, financial expenses and general and administration were high.

HOSE

>   KMR: Explanation for business result in Q2.2012 (21/08/2012)

>   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)