PXT: Explanation for business result in Q3, 2014

Petroleum Pipeline & Tank Construction Joint Stock Company explained business result in Q3, 2014 as follows:

-         Revenue in Q3, 2014 decreased by 76%, equivalent to VND74.4 billion, compared to the same period of 2013 because projects for increasing capacity of Dinh Vu Hai Phong LPG store, Thai Binh II Thermal Power Plant has not implemented. Besides, PXT appropriated provision for devaluation of inventories.

-         These are the main reasons leading to a decrease of profit in Q3, 2014 compared to Q3, 2013.  

HOSE

>   VPK: Explanation for business result in Q3, 2014 (23/10/2014)

>   SCD: Explanation for business result in Q3, 2014 (23/10/2014)

>   AME: Financial Statement Quarter 3/2014 (23/10/2014)

>   CTM: Financial Statement Quarter 3/2014 (23/10/2014)

>   THS: Financial Statement Quarter 3/2014 (23/10/2014)

>   DL1: Financial Statement Quarter 3/2014 (23/10/2014)

>   FIT: Explanation for difference of over 10 percent in profit after tax in financial statement Q.III / 2014 year on year (23/10/2014)

>   HLC: Financial Statement Quarter 3/2014 (23/10/2014)

>   IDV: Explanation for difference of profit after tax in Quarter III/2014 year on year (Holding Company) (23/10/2014)

>   PTB: Business result in 9 months of 2014 (23/10/2014)