IDI: Explanation for business result in Quarter 2.2012

International Development & Investment Corporation has explained the fluctuation in profit after tax in Quarter 2.2012 compared to Quarter 2.2011:

-         Profit after tax in Quarter 2.2012 was VND15,234,771,927, decreasing 55.18% from Quarter 2.2011, because of the following reasons:

+         In Quarter 2.2012, revenue increased 22% compared to Quarter 2.2011, but the company had to lower the selling prices, leading to gross profit was VND18,426,607,100, decreasing 23.66%.

+         In Quarter 2.2012, financial income decreased 87.45% compared to Quarter 2.2011, because USD buying rate of commercial banks decreased leading to financial income. Besides, selling expenses increased 7.5%.

HOSE

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