HRC: Explanation for business results for 6 months of 2014 before & after review

Hoa Binh Rubber Joint Stock Company has explained for business results for the first six months of 2014 before & after review as follows:

	Before review	After review	Different
Financial expense	2,398,369,659	2,394,409,908	-3,959,751
Net profit	-494,441,630	-490,481,879	3,959,751
Profit before tax	38,847,629,294	38,851,589,045	3,959,751
Business income tax – current	8,493,503,350	8,494,374,495	871,145
Profit after tax	30,354,125,944	30,357,214,550	3,088,606

Reason:

-         The firm revaluated liabilities: VND3,959,751

-         Net profit increased VND3,959,751, leading to Business income tax – current increased VND871,145 and profit after tax increased VND3,088,606.

HOSE

>   HVG: Explanation for Separate business result in Q2, 2014 (05/08/2014)

>   CMX: Resolution of AGM 2014 (05/08/2014)

>   PPP: Financial Statement Quarter 2/2014 (holding company) (05/08/2014)

>   VSM: Change of Head Office Address (05/08/2014)

>   CSM: Setting up a Branch (05/08/2014)

>   GSP: Announcement of changes in business license (05/08/2014)

>   TMT: Announcement of changes in business license (05/08/2014)

>   EBS: Explanation for difference of profit after tax in Quarter II/2014 year on year (05/08/2014)

>   EFI: Change in use of proceeds (05/08/2014)

>   DAC: Explanation for the difference in profit after tax of QII.2014 (05/08/2014)