HLG: Explanation for Q1.2013 business results of parent company

Hoang Long Group explained the difference in profit after tax between Quarter 1/2013 and Quarter 1/2012 of parent company:

Hoang Long Group explained the difference in profit after tax between Quarter 1/2013 and Quarter 1/2012 of parent company:

-         Profit after tax in Quarter 1/2012: VND14,505,102,015

-         Profit after tax in Quarter 1/2013: (VND344,258,205)

Profit after tax in Quarter 1/2013 decreased by VND14,849,360,220 compared to Quarter 1/2012 because of the increase in prices of materials for fish feed production and then the increase in cost of product. Besides, the export price of maritime products was down while the borrowing expense is still high although it decreased. Hoang Long Group is investing in a mineral water plant, so many expenses arise.

HOSE

>   VTF: Resolution of the AGM 2013 (17/04/2013)

>   BSI: Resolution of AGM 2013 (17/04/2013)

>   FSC: Information on Annual Report 2012 (17/04/2013)

>   HCM: Information on Annual Report 2012 (17/04/2013)

>   DHG: Information on Annual Report 2012 (17/04/2013)

>   AGRISECO: Information on Audited FS 2012 & capital adequacy ratio (17/04/2013)

>   VTS: Information on Annual Report 2012 (17/04/2013)

>   BIDV: BIDV changes the meeting date of AGM 2013 - Revised (17/04/2013)

>   SSI: Information on Annual Report 2012 (17/04/2013)

>   SD7: Notice of Annual General Meeting of Shareholders 2013 (17/04/2013)