VQSC: Explanation for business result in the first 6 months of 2013

Viet Quoc Securites Corporation’s profit after tax in the first 6 months of 2013 was higher than in the same period of 2012 because of the fall off of revenue and expenses

-         Total revenue decreased VND2,035,428,995 because financial services revenue, brokerage revenue, consulting revenue, other revenues decreased.

-         Securities operating costs decreased VND 1,980,656,813.

-         General and administrative expenses decreased dramatically VND 3,575,588,779.

-         Profit before tax increased VND 3,401,458,465 because the decrease in expenses was more than the decrease in revenue.

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