POM: Explanation for business result in reviewed semiannual financial statement

Pomina Steel Corporation explained the business result in consolidated reviewed semiannual financial statement:

-         According to consolidated reviewed semiannual financial statement in 2013:

+         Accumulated losses until June 30, 2013 was (VND176,503,234,669), decreasing VND8,206,832,923 or 4.43% compared to to consolidated semiannual financial statement in 2013 (before auditing).

-         Reason:

+         Decreasing electricity expenses: VND9,832,706,700

+         Increasing business income tax – deferred of inventories: (VND1,876,206,253)

+         Adjusting other expenses, income of minorities

+         Adjusting revenue and cost of goods sold of internal, financial income and financial expense.

HOSE

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