CCL: Explanation for business result in Quarter 3/2014

Cuu Long Petro Urban Development and Investment Corporation explained the fluctuation in profit after tax of Quarter 3/2014 compared to Quarter 3/2013 as follows:

By: VND
No.	Item	Quarter 3/2014	Quarter 3/2013	Percentage	Increase ratio (%)
1	Total revenue	8,645,248,836	6,376,272,020	135.58%
2	Total expense	8,095,224,096	6,183,883,563	130.91%
3	Profit before tax	552,024,740	192,388,457	290%	190%
4	Profit after tax	501,629,203	155,059,697	323.51%	223.51%

Reason: The real estate market was still sluggish. This affected the Corporation’s business. Total revenue was 90% compared to Quarter 2/2014, although profit after tax increased 223.51% compared to 2013.

HOSE

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