PXT: Explanation for business results in quarter 1.2013

Petroleum Pipeline & Tank Construction Joint Stock Company has explained business results in quarter 1.2013 compared to quarter 1.2012 as follows:

-         Revenue in Quarter 1.2013 was 105,337 billion dongs, decreasing VND2,777 billion or 3% compared to the same period of last year.

-         Profit in Quarter 1.2013 was 469,084 billion dongs, decreasing compared to the same period of last year.

-         Reason:

+        Some undeveloped projects in Quarter 1/2013, leading to revenue went down. Besides, interest expense increased.

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