PVD: Explanation for the 2014 semi- annual financial statements

Petrovietnam Drilling & Well Service Corporation explained the 2014 semi- annual financial statements as follows:

-  Profit after tax of parent company was VND1,218.3 billion, increasing VND520.5 billion or 75% compared to the same period of 2013.

-  Consolidated profit after tax was VND1,327.9 billion, increasing VND455.3 billion or 52% compared to the same period of 2013.

-  Reason:

·         Price for rent of jack-up drilling rig increased

·         Other services relevant to drilling had a good growth.

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