NVL: Explanation for Q4.2019 separate financial statements

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NVL: Explanation for Q4.2019 separate financial statements

HSX - 2/4/2020 9:57:00 AM

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No Va Land Investment Group Corporation explains the change from 10% and above in its separate financial statements compared to the same period last year as follows:

Currency: VND

No.

Item

Quarter 4/2019

Quarter 4/2018

Increase/decrease

% Increase/

decrease

Profit after tax

129,894,248,543

1,133,996,592,399

(1,004,102,343,856)

-88.55%

The profit after tax in Quarter 4/2019 went down 88.55% compared to the same period of 2018 mainly because of the decrease of profit from real estate transfer.

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