HCC: Explanation for difference in profit of QIII.2013

On 21/10/0213, Hoa Cam Concrete Joint Stock Company explained for difference in profit of QIII.2013 as follows:

The profit after tax of QIII.2013 decreased significantly in comparison with that of QIII.2012 because:

- The sale of concrete of the Company in QIII.2013 decreased in comparison with that of QIII.2102 because of the decrease in the construction industry, so the sale revenue decreased by 33% compared to that of QIII.2012

- The expense for making provision for doubtful debts in QIII.2013 increased by VND 809,933,950

- To gain the market share, the Company has to compete in price to suit with the current situation

- The price of several input materials stable; the depreciation of assets at the Company increased but the price of the products decreased significantly.

HNX

>   HHC: Explanation for the difference in the profit after tax of Quarter III.2013 year on year (14/11/2013)

>   KHB: Explanation for sudden increase of profit in 2013 compared to 2012 (14/11/2013)

>   MDC: Explanation for differences in profit after tax in FS of QIII.2013 (14/11/2013)

>   SDP: Financial Statement Quarter 3/2013 (holding company) (14/11/2013)

>   VDS: Explanation for the difference in the profit after tax of Quarter III.2013 year on year (14/11/2013)

>   VCS: Financial Statement Quarter 3/2013 (holding company) (13/11/2013)

>   VCS: Financial Statement Quarter 3/2013 (13/11/2013)

>   HSG: Estimated consolidated business results in 10 months of FY 2013-2014 (13/11/2013)

>   CTX: Financial Statement Quarter 3/2013 (holding company) (13/11/2013)

>   CSC: Financial Statement Quarter 3/2013 (holding company) (13/11/2013)