HAGL Joint Stock Company (HAGL) has explained fluctuation of business results in Quarter 3/2012 compared to Quarter 3/2011 as follows:

- Profit before tax in Quarter 3/2012: 461,796,917 thousand dongs

- Profit before tax in Quarter 3/2011: 254,893,870 thousand dongs

- Reasons:

1. Real estate business, goods and services

- Net revenue in Quarter 3/2012 increased 1,014 billion dongs compared to the same period of last year ( in Quarter 3/2011: 1,383 billion dongs, in Quarter 3/2012: 2,397 billion dongs).

- Revenue from real estate business in Quarter 3/2012 was 2,135 billion dongs, increasing 1,333 billion dongs compared to in Quarter 3/2011 because in Quarter 3/2012, the company had revenue from selling An Tien Department.

- But cost of goods sold in Quarter 3/2012 1,251 billion dongs compared to the same period of last year (in Quarter 3/2011: 751 billion dongs; in Quarter 3/2012: 2,002 billion dongs because price of department decreased, while expenses did not go down.

2. Financial:

- Financial incomes in Quarter 3/2012 decreased 104 billion dongs compared to Quarter 3/2011 (in Quarter 3/2011: 182 billion dongs, in Quarter 3/2012: 78 billion dongs) mainly because in Quarter 3/2011, income from bank deposits was 157 billion dongs, while in Quater 3/2012, income from bank deposits was 50 billion dongs .

- Financial expenses in Quarter 3/2012 decreased 127 billion dongs mainly because expenses interest fell 100 billion dongs (in Quarter 3/2011: 227 billion dongs, in Quarter 3/2012: 100 billion dongs).