HVG: Explanation for business result of parent company in Q3.2013

Hung Vuong Corporation explained the fluctuation in business result of parent company in Quarter 3.2013 as follows:

According to financial statements of parent company in Quarter 3.2013:

-          In Quarter 3.2013, revenue from selling of soy-bean residue increased 40% but cost of sold goods increased 64%. Therefore, cost of sold goods in Quarter 3.2013 increased 24% leading to gross profit decreased 40%.

-          Financial income decreased 22%, financial expense increased 31%, selling expense increased 21% and administration and general expenses decreased 5%. Therefore, profit after tax in Quarter 3.2013 decreased 99% compared the same period of last year, equivalent 87,155,467,615 dongs.

HOSE

>   HLA: Extension for submission of financial statements Q4.2013 (15/11/2013)

>   SSI: Extension time of submitting consolidated financial statements of Quarter 3.2013 (15/11/2013)

>   PAC: Explanation for consolidated business result in Q3/2013 (15/11/2013)

>   VC9: Financial Statement Quarter 3/2013 (consolidated) (15/11/2013)

>   VFR: Financial Statement Quarter 3/2013 (consolidated) (15/11/2013)

>   DHT: Financial Statement Quarter 3/2013 (15/11/2013)

>   HUT: Financial Statement Quarter 3/2013 (15/11/2013)

>   HUT: Financial Statement Quarter 3/2013 (holding company) (15/11/2013)

>   VNF: Financial Statement Quarter 3/2013 (consolidated) (15/11/2013)

>   VNC: Financial Statement Quarter 3/2013 (consolidated) (15/11/2013)