GBVS: Explanation for Financial Statement in Q3.2012

GOLDEN BRIDGE VIET NAM SECURITIES JOINT STOCK COMPANY (GBVS) explained in business result Quarter 3/2012 as follows:

-         Profit after tax in Quarter 3/2012 decreased 91.8% compared to in Quarter 3/2011 mainly because:

+         Common difficulties in the stock market have affected the Company’s activities. Revenue from capital contribution securities investment decreased 25% and other revenue decreased 49%. Total revenue in Quarter 3/2012 decreased 28% compared to the same period of last year.

+         Brokerage expenses, rent office expenses did not decrease strongly.

HOSE

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