CSC: Explanation for loss in profit after tax of holding company

Thanh Nam Construction and Investment JSC explains the loss in audited Consolidated FS 2012 as follows:

1.     According to the audited Consolidated Financial Statement 2012, the profit after income tax of holding company was loss : - VND 746,895,323 because:

-       Due to the general situation of the economy, the revenue decreased year on year.

-       Some constructions handed over to investor were being in balancing process led to high financial expenses.

2.     Solution: The Board of Director and Management Board supervised the payback from above constructions to reduce the interest expenses from credit organizations.

HNX

>   VHH: Results of Annual General Meeting of Shareholders 2013 (25/10/2013)

>   TBX: Financial Statement Quarter 3/2013 (28/10/2013)

>   THT: Financial Statement Quarter 3/2013 (28/10/2013)

>   PLC: Financial Statement Quarter 3/2013 (holding company) (28/10/2013)

>   TC6: Financial Statement Quarter 3/2013 (28/10/2013)

>   TH1: Financial Statement Quarter 3/2013 (28/10/2013)

>   MHL: Financial Statement Quarter 3/2013 and the explanantion (28/10/2013)

>   KHL: Financial Statement Quarter 3/2013 (28/10/2013)

>   S96: Financial Statement Quarter 3/2013 (28/10/2013)

>   SDT: Financial Statement Quarter 3/2013 (holding company) (28/10/2013)