VHC: Explanation for business result in Q2.2012

Vinh Hoan Corporation explained the fluctuation in business result between Quarter 2/2012 and Quarter 2/2011:

By: VND

Item	Quarter 2/2012	Quarter 2/2011	Difference
Net revenue	849,428,664,833	819,661,365,877	3.63%
Profit after tax of the parent company	55,254,170,954	124,582,905,628	-55.65%

-         Profit after tax in Quarter 2/2012 fell mainly because profit of parent company decreased.

-         Reason:

+         In Quarter 2, 2012, cost of aquaculture was higher than in Quarter 2/2011.

+         Purchasing power and export price in Quarter 2/2012 was less than in Quarter 2/2011

HOSE

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