PXS: Explanation for business result in Quarter III. 2013

Petroleum Equipment Assembly and Metal Structure Joint Stock Company explained the fluctuation in profit in Quarter 3. 2013:

-         Business result in the first 09 months of 2013:

By: million dongs

	Quarter 3.2012	Quarter 3.2013	Difference	The first 09 months of 2012	The first 09 months of 2013	Difference
Revenue	249,665.53	303,334.92	21.5%	1,001,211.02	681,762.82	-31.91%
Profit after tax	2,005.80	33,482.66	1,569.29%	62,118.87	49,182.21	-20.83%

-         Result business in Quarter 3.2013 was higher than in Quarter 3.2012 because:

+         In the first 09 months of 2013, PXS was contrasting many big projects, leading to revenue in Quarter 3.2013 increased 21.5% compared to in Quarter 3.2012.

+         Interest rate in Quarter 3.2013 decreased, leading to profit after tax increased VND31.4 billion or 1,569.29% compared to in Quarter 3.2012.

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