LBM: Explanation for business result in Quarter 1/2013

Lam Dong Mineral and Building Material Joint Stock Company explained the fluctuation in business result (consolidated and parent company) of Quarter 1/2013 and Quarter 1/2012:

By: Thousand dongs

No.		Quarter 1/2013	Quarter 1/2012	Different
I	Single – entity financial statements
	Revenue	42.168.635	35.708.251	118.09%
	Profit after tax	4.284.798	1.537.965	278.61%
II	Consolidated  financial statements
	Revenue	46.542.215	44.712.888	104.09%
	Profit after tax	4.920.417	2.902.317	169.53%

Reason:

-         Revenue in Quarter 1/2013 increased 18.09% compared to Quarter 1/2012 because revenue from fresh concrete in Hiep Luc enterprises increased (in 2013: VND20.877 billion; in 2012: VND10.526 billion).

-         Profit in Quarter 1/2013 increased 278% compared to Quarter 1/2012 because revenue from fresh concrete in Quarter 1/2013 increased double compared to the same period of last year.

HOSE

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