TV1: Explanation for financial statement in Quarter 2.2013

According TV1’s financial statements of Quarter 2.2013, Power Engineering Consulting Joint Stock Company 1 explained the difference in profit after tax compared to the same period of last year as follows:

1.       Revenue:

-         Revenue in Quarter 2.2012:   58,933,669,103 dongs

-         Revenue in Quarter 2.2013:   74,230,588,325 dongs

-         Increasing:                                 15,296,919,222 dongs or 25.9%

Reason: Song Bung 5 hydroelectric power project owned by Power Engineering Consulting Joint Stock Company 1 had to go into operation. The company had additional revenue from electricity sales.

2.       Profit after tax:

-         Profit after tax in Quarter 2.2012:  2,710,277,327 dongs

-         Profit after tax in Quarter 2.2013:  4,860,639,429 dongs

-         Increasing:                                        2,150,362,102 dongs or 79.3%

Reason: Revenue increased by 25.6% led to profit increased. The company saved expenses.

HOSE

>   NHA: Reviewed financial statement 2013 (02/08/2013)

>   HCT: Results of Annual General Meeting of Shareholders 2013 (02/08/2013)

>   VPC: Financial Statement Quarter 2/2013 (01/08/2013)

>   VE3: Financial Statement Quarter 2/2013 (01/08/2013)

>   CTV: Financial Statement Quarter 2/2013 (01/08/2013)

>   THT: THT: Explaination for change in profit after tax (01/08/2013)

>   SAP: SAP: Annual General Meeting of Shareholder 2013 Resolution (01/08/2013)

>   V12: V12: Audit result of State Auditor of the Financial Statement 2011 (01/08/2013)

>   CTX: CTX: Explaination for change in financial statement (01/08/2013)

>   IVS: IVS: Explanation for change in Financial Statement 2012 (01/08/2013)