Pursuant to the Finance Ministry’s Circular No.155/2015/TT-BTC on the disclosure of information. No Va Land Investment Group Corporation (NVL) explained the consolidated profit after tax of the 2nd quarter of 2019. Accordingly, the profit after tax changes over 10% compared to the same period last year as follows:
Unit: VND
Content
Q2.2019
Q2.2018
Difference
%
Profit after tax
510,403,956,058
616,913,860,247
(106,509,904,189)
-17%
The consolidated profit after tax of the 2nd quarter of 2019 decreased 17% compared to the same period last year is due to a decrease in revenue from real estate transfer activities.