FCN: Explanation for consolidated business result in Quarter 2/2013

Fecon Foundation Engineering and Underground Construction Joint Stock Company explained the difference in consolidated profit between Quarter 2/2013 and Quarter 2/2012 as follows:

Fecon’s profit after tax in Quarter 2/2013 increased 12% compared to Quarter 2/2012 because of the following reasons:

-         Revenue increased 54% in Quarter 2/2012 thanks to the packages of projects: Son Duong Formosa Ha Tinh Steel Complex and Deep-Water Port, Thai Binh 2 Thermal Power.

-         Financial expense in Quarter 2/2013 decreased 53% against Quarter 2/2012. While interest expense in Quarter 2/2013 decreased 58%.

-         General and administration expense in Quarter 2/2013 decreased 28% compared to the same period of last year.

HOSE

>   FPT: Explanation for business result in Quarter 2.2013 (21/08/2013)

>   PTB: Revenue & Profit in July 2013 (21/08/2013)

>   SAV: Explanation for business result in Q2.2013 (21/08/2013)

>   TDH: Explanation for the consolidated business result in Quarter 2/2013 (21/08/2013)

>   NGC: Reviewed financial statement 2013 (21/08/2013)

>   IVS: Reviewed financial statement 2013 (21/08/2013)

>   IDJ: Reviewed financial statement 2013 (21/08/2013)

>   BTS: Reviewed financial statement 2013 (21/08/2013)

>   BID: Explanation for consolidated business results in quarter 2/2013 (21/08/2013)

>   BID: Explanation for consolidated business results in quarter 2/2013 (21/08/2013)