PXM: Explanation for business results in quarter 3/2012

Mientrung Petroleum Construction Joint Stock Company has explained business results in quarter 3/2012 compared to in quarter 3/2011 as follows:

-         Loss in Quarter 3/2012: VND16,787,268,684

-         Reason:

+        In Quarter 3/2012, economic difficulties, the difficulties of capital investment, some works stopped construction, leading to revenue in Quarter 3/2012 was just VND9 billion. Besides, interest expenses and general and administration expenses went up.

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