Indochina Capital Vietnam Holdings 3Q Pretax Profit $12.9 Million

VNStockNews.com - Indochina Capital Vietnam Holdings Limited (ICV.LN) said Monday from July 31 to September 30 it made a pretax profit of $12.9 million. MAIN FACTS:

-Net gain on investments $17.8 million.

-Since June 30, NAV per share grew 5.3% to $5.61 at Sep. 30.

-VN Index closed 29.5% higher than previous quarter.

-Substantial underperformance of fund's NAV against VN Index was primarily result of asset class allocation, driven by shareholders' decision to put fund on liquidation footing. (Dow Jones)