KSH: Explanation for business result in Q1/2014

Hamico Group Mineral Joint Stock Company has explained reasons causing the decrease in profit after tax of Quarter 1/2014 compared to Quarter 1/2013:

By: VND

		Quarter 1/2014	Quarter 1/2013
1	Sales	16,131,788,258	10,629,655,550
2	Other income	1,217,689,235	19,500,000
3	Financial income	720,757	837,837
4	Total expense	16,747,414,590	10,327,907,613
5	Profit before tax	602,783,760	321,996,774
6	Profit after tax	602,783,760	321,996,774

-         Sales in Quarter 1, 2014 increased VND5,502,221,808 compared to in Quarter 1/2013 because products in 2014 increased.

-         Total expense in Quarter 1/2014 increased VND6,419,506,977 compared to in Quarter 1/2013 because Short-term loans in 2014 increased and other expense increased because the firm liquidated assets.

-         Other income in Quarter 1/2014 was more than in Quarter 1/2013 because the firm liquidated assets.

HOSE

>   XuanthanhSC: Change of Company Name (26/05/2014)

>   SJS: Resolution of Annual General Meeting 2014 (26/05/2014)

>   SRA: Result of 2nd AGM (26/05/2014)

>   PXL: Information on the 2014 annual general meeting (26/05/2014)

>   CMG: The record date for the 2014 AGM (26/05/2014)

>   CSC: Explanation for difference of profit after tax in Q1.2014 year on year (Consolidated) (26/05/2014)

>   CSC: Explanation for difference of profit after tax in Q1.2014 year on year (Holding company) (26/05/2014)

>   CMS: Change in Business Registration Certificate (26/05/2014)

>   PGC: Resolution of AGM 2014 (26/05/2014)

>   VTL: Financial Statement FY 2013 (holding company) (26/05/2014)