VINGROUP Joint Stock Company has explained the movements of Quarter 3/2022 separate financial statements compared to the same period of last year as follows:

The explanation for the movements of over 10%:

− In quarter 3 of 2022, revenue and cost of sales increased compared to the same period of last year mainly due to the increase in the quantity of properties transfer.

− Finance income decreased mainly due to the decrease in the income from investments transfer activities.

− Finance expenses decreased mainly due to the decrease in provision and investments value.

− General & administrative expenses decreased due to the decrease in provision for bad receivable debts.

− Other expenses increased due to the increase in the penalties of contract breach.

− Deferred tax expenses increased due to the increase in tax temporary differences.