LCG: Explanation for business result of parent company in Q2.2012

LICOGI 16 Joint Stock Company explained the fluctuation in profit before tax parent company in Quarter 2/2012 compared to Quarter 2/2011:

-         Profit after tax in Quarter 2/2012 decreased 85.76% compared to in Quarter 2/2011. Because the following reason:

+         In Quarter 2/2012, net revenue decreased 42.13%, the company made a reserve for bad debts, leading to general and administration expenses increased 62.86%, other expenses increased 97.71%.

HOSE

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