TV1: Explanation for business result in Quarter 2.2012

Power Engineering Consulting Joint Stock Company 1 explained consolidated business result in Quarter 2/2012 as follows:

-         Profit before tax in Quarter 2/2012:

+         2011: VND4,514,715,580

+         2012: VND3,622,529,121

-         Decreased: VND892,186,459 (19%)

-         Reason:

+         Revenue in Quarter 2/2012 increased 5.8% and cost of goods sold fell 3.2% but interest expenses increased 33.5%,  leading to profit fell 19%

+         Financial expenses in Quarter 2/2012 was VND12,807,799,716

+         Financial expenses in Quarter 2/2011 was VND8,518,546,340 (increasing 33.5%)

HOSE

>   VFC: Explanation for business result in Quarter 2/2012 (29/11/2012)

>   IVS: Explanation for Financial Statement in Q2.2012 (29/11/2012)

>   TET: Explanation for change in operating result in Quarter 3/2012 (29/11/2012)

>   HJS: Explanation for change in profit after tax in Quarter 3/2012 (29/11/2012)

>   OCH: Explanation for change in operating result in Quarter III/2012 (29/11/2012)

>   TKU: Explanation for change in operating result in Quarter III/2012 (29/11/2012)

>   PPP: Explanation for change in operating result in Quarter 3/2012 (29/11/2012)

>   VCG: Explanation for change in profit after tax in Quarter 3/2012 (29/11/2012)

>   VCG: Explanation for change in profit before tax in Quarter 3/2012 (29/11/2012)

>   SHI: Explanation for the consolidated profit of Quarter 3/2012 (29/11/2012)