APEC: Explanation for business result in Quarter 4.2013

Asia - Pacific Securities Joint Stock Company explained profit after tax in Quarter 4.2013 decreased more than 10% compared to in Quarter 4.2012:

-         In Quarter 4/2013, securities market recovered, leading to APEC delayed a provision for stock investment. Besides, APEC decreased expenses, making to profit in Quarter 4/2013 increased 3 times compared to in Quarter 4/2012.

-         Profit after tax was VND40,729,554,882, while profit after tax in Quarter 4/2012 was VND63,117,259,206 because other revenue decreased and current corporate income tax in Quarter 4/2013 was higher than in Quarter 4/2012.

HOSE

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