HAGL Joint Stock Company (HAGL) has explained fluctuation of business results of parent company in Quarter 2/2012 compared to Quarter 2/2011 as follows:

- Profit before tax in Quarter 2/2012: 77,216,161 thousand dongs

- Profit before tax in Quarter 2/2011: (106,121,214) thousand dongs

- Reasons:

1. Real estate business, goods and services

- Net revenue in Quarter 2/2012 was 306.3 billion dongs, increasing 20.5 billion dongs compared to the same period of last year (in Quarter 2/2011: 122.9 billion dongs).

- Revenue from contrasting in Quarter 2/2012 was 94.1 billion dongs, increasing 59.2 billion dongs compared to the same period of last year (in Quarter 2/2011: 34.9 billion dongs).

- Revenue from departments in Quarter 2/2012 was 17.3 billion dongs, increasing 15.2 billion dongs compared to the same period of last year (in Quarter 2/2011: 2.1 billion dongs).

- Revenue from services supply in Quarter 2/2012 did not decrease strongly.

2. Financial:

- Financial incomes in Quarter 2/2012 increased 116.4 billion dongs compared to Quarter 2/2011 (in Quarter 2/2012: 271 billion dongs, in Quarter 2/2011: 154.6 billion dongs) mainly because in Quarter 2/2011, HAG had interest income from subsidiaries. interest income in Quarter 2/2012 was 206.6 billion dongs, increasing 142 billion dongs compared to the same period of last year (in Quarter 2/2011: 64.6 billion dongs).

- Financial expenses in Quarter 2/2012 decreased 208.7 billion dongs decreasing 29.8 billion dongs compared to the same period of last year mainly because interest expenses went down.