TCL: Explanation for business results in quarter 4/2012

TanCang Logistics and Stevedoring Joint Stock Company (TANCANG LOGISTICS JSC) has announced explanation for business result in quarter 4/2012 as follows:

- Profit after tax in quarter 4/2012 : 15,884,858,221 dongs

- Profit after tax in quarter 4/2011 : 24,434,268,719 dongs

- Decreased                                           : 8,549,410,498 dongs

- Reasons:

Financial profit in Quarter 4/2012 was 1,121,350,648 dongs, decreasing 7,090,861.00 or 86% compared to in Quarter 4/2011 because the company did not receive dividend from  joint-venture and interest expenses in Quarter 4/2012 increased 1,372,922,859 dongs or 48.6% compare to the same period of last year.

HOSE

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