PHC: Explanation for differences between FS and reviewed FS (first 06 months 2013)

On 30/08/2013, Phuc Hung Holdings Construction Joint Stock Company explained differences between FS and reviewed FS as follows:

1. Company name:        PHUC HUNG HOLDINGS CONSTRUCTION JOINT STOCK COMPANY

2. Securities code:        PHC

3. Head office:              Floor 3, HH2 Building, Yen Hoa Urban Zone, Cau Giay, Hanoi

4. Tel.:                          (04)62756061/62/63                    Fax: (04) 92756065

5. News release:            Ms. Nguyen Thi lan – Director of Shareholder relationship board

6. Content: Explanation for difference of profit between consolidated FS and audited FS of first 06 months of 2013

6.1. Profit after tax in consolidated FS: VND -7,081,955,414

6.2. Profit after tax in audited FS: VND -7,181,281,519

6.3. Difference: VND -99,326,105 (6.3=6.2-6.1)

Reason: After audit, business performance of holding company did not change, business performance of subsidiary companies decreased so in consolidated FS, profit after tax got loss of VND 99,326,105.

7. Website:                   www.phuchung.com.vn

HNX

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>   TAG: Board resolution (14/10/2013)

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>   WSS: Annual Corporate Governance Report 2012 (01/10/2013)

>   GGG: Annual General Mandate 2013 (02/10/2013)

>   HGM: Explanation for audit opinion in FS of first 06 months of 2013 (02/10/2013)

>   CTM: Explanation for loss in QII/2013 (01/10/2013)

>   DNC: Corporate Governance Report (first 06 months) (02/10/2013)

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