ITC: Explanation for consolidated business result in Quarter 3.2012

Investment and Trading of Real Estate Joint stock Company explained the fluctuation in profit of Quarter 3/2012 compared to Quarter 3/2011:

-          The sluggish real estate market.

-          Revenue from sales and service in Quarter 3.2012 was 33,196 billion dongs (Quarter 3.2011 was 39,396 billion dongs), decreasing 6,200 billion dongs. Cost goods of sold decreased 34,199 billion dongs compared to Quarter 3.2011 leading to gross profit in quarter 3.2012 was 8,777 billion dongs compared to Quarter 3.2011 loss of 19,221 billion dongs.

-          The accumulative of the first 09 months of 2012, revenue decreased 23,567 billion dongs but cost goods of sold decreased 95,734 billion dongs and financial expenses decreased 29,582 billion dongs. Thus, the company’s loss 1,458 billion dongs.

HOSE

>   SHI: Setting up Branch (14/12/2012)

>   GMC: Change of Head Office Address (14/12/2012)

>   VFG: Extension of the submission date for the 2013 AGM (14/12/2012)

>   Bianfishco targets $90 million in 2013 (14/12/2012)

>   ACB: Time and Place for Extraordinary General Meeting of Shareholders (13/12/2012)

>   KLS: Notice of record date for General Meeting of Shareholders 2013 (13/12/2012)

>   HSG: Setting up Branch (13/12/2012)

>   DSN: The record date for AGM of 2013 & the second dividend advance of 2012 in cash - Revised (13/12/2012)

>   PTG: Notice of record date for AGM (13/12/2012)

>   CTG: Board Resolution (13/12/2012)