PVD: Explanation for financial statements in Q1-2014

Petrovietnam Drilling & Well Service Corporation explained financial statements in Q1-2014 as follows:

Profit after tax attributable to parent shareholders and consolidated profit after tax in Q1-2014 was VND502,5 billion and VND597 billion, increasing 48% and 41,8% respectively compared to the same period of 2013 because:

–     The number of jack-up drilling rig in Q1-2014 was 6 while it was 3 in Q1-2013.

–     Price for rent of jack-up drilling rig increased by 15%.

–     Other services relevant to drilling had a good growth.

–     Provide successfully bundle service to ENI.

HOSE

>   LM3: Time and Place for Annual General Meeting of Shareholders 2014 (14/05/2014)

>   PTI: Change in business registration certificate (14/05/2014)

>   PPG: Financial Statement Quarter 1/2014 (holding company) (14/05/2014)

>   PPG: Financial Statement Quarter 1/2014 (consolidated) (14/05/2014)

>   NVB: Financial Statement Quarter 1/2014 (14/05/2014)

>   S74: Extension of time for Annual General Meeting of Shareholders 2014 (14/05/2014)

>   MAFPF1: NAV from 01 May 2014 to 08 May 2014 (14/05/2014)

>   DHG: Announcement of changes in business license (14/05/2014)

>   CMX: Resolution on organizing the AGM 2014 (14/05/2014)

>   GMD: Extension of the submission date for the 2014 annual general meeting (14/05/2014)