NVL: Explanation for the consolidated financial statements in Q2.2022

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NVL: Explanation for the consolidated financial statements in Q2.2022

HOSE - 8/4/2022 9:00:00 AM

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No Va Land Investment Group Corporation explained has the movements of the consolidated financial statements in Quarter 2/2022 compared to the same period of last year as follows:

Unit: VND

	Q2/2022	Q2/2021	Difference	% increase/decrease
Profit after tax	772,325,905,225	1,312,928,547,430	(540,602,642,205)	(41.18%)

The Company’s consolidated profit after tax in Quarter 2/2022 decreased by 41.18% compared to the same period of 2021 mainly due to Quarter 2/2021 the company recorded income from mergers and acquisitions activities.

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