HLA: Explanation for consolidated business result in Q4/2013

Huu Lien Asia Corporation explained the fluctuation in profit after tax on consolidated financial statement in Quarter 4/2013 (from July 01, 2013 to September 30, 2013) between profits after tax on consolidated financial statement in the same period of last year:

-         Revenue from selling and service supply in Quarter 4/2013 decreased VND613,828,842,878 mainly because:

+         Economic difficulties, leading steel price of HLA decreased. Therefore, product and revenue decreased.

+         Financial income in Quarter 4/2013 decreased VND17,897,089,834 because in Quarter 4/2012, the firm had profit from the transfer of shares.

+         General and administration expense in Quarter 4/2013 increased VND4,238,088,109 because the firm has not recovered of overdue loans

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