ITA: Explanation for consolidated and parent company business result in Q1, 2014

Tan Tao Investment and Industry Corporation explained business result in Q1/2014 compared to Q1/2013 as follows:

	Quarter 1/2013	Quarter 1/2014
Consolidated profit after tax	434,006,229	16,736,051,979
Profit after tax of parent company	2,079,478,968	19,719,874,451

–     Parent company financial statement: profit in Quarter 1/2014 was VND16.7 billion, increasing 3,856.18% compared to in Quarter 1/2013 because:

–     In Quarter 1/2014 revenue from selling and renting land was VND20 billion and financial income was VND22.6 billion, increasing 3,668.19%. The company delayed financial investment.

–     Consolidated financial statement: profit in Quarter 1/2014 was VND19.5 billion, increasing 954.73% compared to in Quarter 1/2013 because:

–     In Quarter 1/2014 revenue from renting workshops of subsidiaries was VND20.9 billion, increasing 234.83%.

HOSE

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>   KSH: Resolution of AGM 2014 (19/05/2014)

>   DNP: Financial Statement Quarter 1/2014 (19/05/2014)

>   DZM: Financial Statement Quarter 1/2014 (19/05/2014)

>   MHC: Explanation for business result of parent company in Q1, 2014 (19/05/2014)

>   MHC: Explanation for consolidated business result in Q1, 2014 (19/05/2014)

>   FLC: Explanation for business result in Q1, 2014 (19/05/2014)