NVT: Explanation for consolidated business result in Q3, 2013

Ninh Van Bay Travel Real Estate Joint Stock Company explained business result in Q3/2013 compared to Q3/2012 as follows:

Consolidate profit after tax in Q3/2013 increased dramatically to VND15.9 billion while it was a VND1 billion loss in Q3/2012.  

In this period, company made efforts to overcome difficulties, improve business efficiency, causing to the increase of 14.3% of revenue compared to the same period of 2012. However, cost of sales decreased significantly leading to the increase of 47% of profit compared to the same period of 2012. Besides, company implemented financial restructuring and increased charter capital successfully from VND605 billion to VND905 billion. Total additional capital was used to support projects so that the financial income in Q3/2013 increased 4.8 times compared to Q3/2012. Furthermore, company received the deferred business income tax of VND4 billion.  

HOSE

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>   PVL: Financial Statement Quarter 3/2013 (holding company) (20/11/2013)

>   PVL: Financial Statement Quarter 3/2013 (Consolidated) (20/11/2013)

>   PHH: Financial Statement Quarter 3/2013 (Consolidated) (20/11/2013)

>   PFL: Financial Statement Quarter 3/2013 (20/11/2013)