KSH: Explanation for business result in Q3.2012

Hamico Group Mineral Joint Stock Company has explained reasons causing the decrease in profit after tax of Quarter 3/2012 compared to Quarter 3/2011:

By: VND

		Quarter 3/2012	Quarter 3/2011
1	Sales	11,851,136,916	13,668,724,881
2	Other income	3,166,400,000	17,727,273
3	Financial income	1,238,016	2,716,587
4	Total expense	13,863,807,706	11,632,548,136
5	Profit before tax	1,154,967,226	2,056,620,605
6	Profit after tax	1,154,967,226	1,542,465,454

Profit from sales in quarter 3.2012 decreased from quarter 3.2011 because selling income in quarter 3.2012 was lower than quarter 3.2011. Besides, expenses in quarter 3.2012 were lower than in quarter 3.2011.

Other profit in quarter 3.2012 increased thank to the company received profit from investment in joint venture led to other profit in quarter 3.2012 increased from quarter 3.2011.

However, profit from sales decreased strongly from quarter 3.2011. So, total profit in quarter 3.2012 also decreased from quarter 3.2011.

HOSE

>   FPT: Business result in the first 9 months (28/11/2012)

>   SVS: Results of Extraordinary Annual General Meeting of Shareholders 2012 (27/11/2012)

>   MeKong Securities Corporation: Change address of Head office (27/11/2012)

>   DXV: Explanation for Q3/2012 business result (27/11/2012)

>   TMS: Explanation for business results in Quarter 2/2012 (Consolidated) (27/11/2012)

>   VMD: Explanation for business results in quarter 3/2012 (27/11/2012)

>   PET: Petrosetco withdraws capital from PetroVietnam Packaging (27/11/2012)

>   STT: Satraco Corrects the Resolution of AGM 2011 (27/11/2012)

>   VHC: Explanation for business result in Q3/2012 (27/11/2012)

>   VNI: Explanation for differences in profit in Q3.2012 (parent company) (27/11/2012)