VISecurities: Explanation for business result in Quarter 1/2013

Vietnam International Securities Joint Stock Company explained loss in Quarter 1/2013 as follows:

Reason:

By: dongs

No.		Quarter 1/2013	Quarter 1/2012	% different
1	Revenue	12,487,307,395	32,800,922,843	-62%
2	Cost	13,129,531,753	35,103,374,142	-63%
3	Profit/loss	-642,224,358	-2,302,451,299	-72%

-         Revenue decreased 62% , cost decreased 63% and loss decreased compared to in Quarter 1/2012.

-         Revenue from customers trading increased 12%

-         Revenue from investment and capital contribution decreased 99.7%

-         Revenue from securities investment advisory increased 117.4%

-         Other revenue decreased 40%

-         So, VISecurities decreased loss 72% compared to in Quarter 1/2012. But fix cost was high so in Quarter 1/2013 the company had not profit.

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