No Va Land Investment Group Corporation explained has the movements of the separate financial statements in Quarter 1/2022 compared to the same period of last year as follows:
Unit: VND
Q1/2022
Q1/2021
Difference
% increase/decrease
Profit after tax
211,698,924,692
412,487,003,766
(200,788,079,074)
(48.68%)
The Company’s separate profit after tax in Quarter 1/2022 decreased by 48.68% compared to the same period of 2021 mainly due to the decrease in the financial revenue.