VHG: Explanation for business result in Q1.2015

Quang Nam Rubber Investment JSC explained the fluctuation in the consolidated income statement in Quarter 1/2015 compared to Quarter 1/2014 as follows:

The consolidated profit after tax in Quarter 1/2015 was VND11.8 billion, increasing 151% compared to VND4.7 billion in Quarter 1/2014. VHG’s net revenue in Quarter 1/2015 also rose VND55 billion, or 150%, because of the following reasons:

-  Because operations in the fields of rubber, agricultural products, fertilizer, telecommunications cable products have been stable and developed, helping the growth of revenue and profit in Quarter 1/2015.

-  Besides, the Company transferred assets of subsidiary DEVELYN, bringing the financial income and profit.

-  The Company saved 159% administrative expense compared to the same period of last year.

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