Hanoi Maritime Holding Company (MHC: MARINA HANOI) has explained business results in quarter 3/2009 as follows:

* Profit before tax of consolidated statements: -VND21,948,289,371

* Accumulation profit before tax: -VND2,664,468,906

The business results in quarter 3/2009 were not good because cargos decreased and freights were low. Therefore, the company did not have enough budgets for exploiting and repairing expenses of ship team. Beside, the international markets of leasing ships also have not rehabilitated.