We forecast the company to generate VND 12,981 bn in revenue and VND 1,380 bn in net income for the year 2010, up by 59.8% and 8.5% respectively in revenue and earnings from the previous year. We also assume that the convertible bonds matured in November 2010 will be exercised, increasing HPG’s charter capital by VND 300bn to VND 3,245.5 bn at the year end.