VTO: Explanation for business result in Q2.2012

Viet Nam Tanker Joint Stock Company has explained business result in Quarter 2.2012 beside Quarter 2.2011 as follows:

                                                                                                                                    By: VND

Item	Quarter 2.2011	Quarter 2.2012	Difference	Ratio (%)
Revenue	448,319,404,564	396,927,490,516	-51,391,914,048	88.54
Profit after tax	24,525,903,096	19,615,212,339	-4,910,690,757	79.98

-         The Company’s revenue decreased 51.4 billion dongs (or 11.46%) beside Quarter 2.2011, revenue from transportation and services decreased sharply by 52.82 billion dongs beside the same period of last year mainly reason freight rates went down beside the same period of 2011. Input expense was higher than Quarter 2.2011 led to Company’s profit after tax decreased 20%.

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