First Real.,JSC announces the causes for the decrease in its total assets from 10% and more in the 2019 audited separate financial statements and consolidated financial statements, as follows:

-       According to the 2018 audited separate financial statements, the total assets of First Real.,JSC is VND654,959,986,671 (after adjusted);

-       According to the 2019 audited separate financial statements, the total assets of First Real.,JSC is VND450,684,097,806.

-       According to the 2018 audited consolidated financial statements, the total assets of the Company is VND652,463,250,763 (after adjusted);

-       According to the 2019 audited consolidated financial statements, the total assets of the Company is VND450,217,130,070.

Reason: The fluctuation was mainly caused by the decrease in short-term assets.

Of which:

• Short-term receivables dropped VND75 billion;
• Advanced payments to suppliers declined VND134 billion;
• Inventories went down VND86 billion.