GMD: Explanation for consolidated business result in Quarter 2.2013

Gemadept Corporation explained the fluctuation in consolidated in Quarter 2/2013:

The financial statements of parent company:

By: dongs

Item	Quarter 2.2013	Quarter 2.2012	Difference
Profit after tax	3,876,461,160	-41,000,073,206	44,876,534,366

Reason:

-         Restructuring activities, cost of goods sold decreased, leading to gross profit increased VND22,628,287,513.

-         Interest rate decreased, leading to interest expense decreased VND1,251,161,117.

-         General and administration expense decreased VND4,074,721,828.

-         Income tax decreased VND10,585,091,403.

The consolidated financial statements:

By: dongs

Item	Quarter 2.2013	Quarter 2.2012	Difference
Profit after tax	5,364,784,448	-2,422,498,577	7,787,283,025

Interest rate decreased, leading to interest expense decreased VND8,121,487,675.

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