TTF: Explanation for consolidated business results in Q2.2014

Truong Thanh Furniture Corporation explained the difference in revenue and profit between Quarter 2/2014 and Quarter 2/2013 as follows:

By: VND million

	Quarter 2/2014	Quarter 2/2013	Compared
Net revenue	293.325	484.780	-39%
Gross profit	3.233	90.545	-96%
Profit after tax	30.098	1.834	1,541%

-         Revenue in Quarter 2/2014 decreased 39% because TTF has difficulties in funding

-         Gross profit in Quarter 2/2014 decreased 96%

-         Profit after tax in Quarter 2/2014 increased 1,541% because TTF was exempted interest from VCB.

HOSE

>   TST: Change in Business Registration Certificate (15/09/2014)

>   FIT: Explanation for the difference in the profit after tax in Quarter II.2014 of Holding Company year on year (15/09/2014)

>   S74: Explanation for difference of 10 percent in profit after tax in the financial statement QII.2014 (15/09/2014)

>   SDY: Explanation for auditor's opinion in the semi-annual financial statement 2014 (15/09/2014)

>   SDH: Reviewed financial statement 2014 (15/09/2014)

>   IJC: Explanation for consolidated business results for 6 months of 2014 before & after review (15/09/2014)

>   LBM: Explanation for business results for 6 months of 2014 before & after review (15/09/2014)

>   MBKE: MBKE Changes the Director of Da Nang Branch (15/09/2014)

>   VHC: Announcement of changes in business license (15/09/2014)

>   BVH: Explanation for business result in quarter 2/2014 (12/09/2014)