NVN: Explanation for consolidated business result in Q4/2012

House Viet Nam Joint Stock Company explained the fluctuation in consolidated business result between Quarter 4/2012 and Quarter 4/2011:

By: VND

No.	Item	Quarter 4/2012	Quarter 4/2011
1	Revenue	16,874,648,306	34,725,386,071
2	Profit after tax	-1,460,818,238	-49,104,511,213

Reason:

Interest expenses in 2012 was VND47,472,933,693, leading to financial expenses in Quarter 4/2012 was higher than in Quarter 4/2011.

The liquidation of two land plots leading to a decrease of VND36.45 billion in revenue of the company, and the inefficiency of its subsidiary due to high input costs, promotion and advertisement in the period.

HOSE

>   BBS: Notice of record date for AGM 2013 (06/02/2013)

>   PVS: Financial Statement Quarter 4/2012 (holding company) (06/02/2013)

>   PPP: Financial Statement Quarter 4/2012 (06/02/2013)

>   DRC: The Record Date for Annual General Meeting 2013 (06/02/2013)

>   HDG: The record date for the 2013 Annual General Meeting of Shareholders and the first cash dividend advance of 2012 (06/02/2013)

>   TDW: The Record Date for Annual General Meeting 2013 (06/02/2013)

>   GGG: Financial Statement Quarter 4/2012 (06/02/2013)

>   DNP: Financial Statement Quarter 4/2012 (holding company) (06/02/2013)

>   HPB: Financial Statement Quarter 4/2012 (holding company) (06/02/2013)

>   FDT: Financial Statement Quarter 4/2012 (06/02/2013)