QCG: Explanation for consolidated business result in Quarter 2.2012

Quoc Cuong Gia Lai Joint Stock Company explained the fluctuation in consolidated business result in Quarter 2/2012 compared to Quarter 2/2011:

-         Economic difficulties, real estate market was quiet, leading to revenue in Quarter 2/2012 decreased.

-         Because of economic difficulties, tight financing policy, inflation, so cost of goods sold and interest expenses in Quarter 2/2012 was higher than in Quarter 2/2011.

-         Therefore, profit after tax in Quarter 2/2012 was less than in Quarter 2/2011. Consolidated business result in Quarter 2/2012 of Quoc Cuong Gia Lai Joint Stock Company had not loss but loss of consolidated business result in 6 months was VND1,439 million.

HOSE

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