FLC FAROS Construction Joint Stock Company explained the fluctuation in business performance in the consolidated financial statements in Quarter 3 of 2020 as follows:
Quarter 3 of 2020
(VND)
Quarter 3 of 2019
% decrease/increase
Profit after tax
1,352,838,185
8,128,892,736
-83%
The profit after tax in Quarter 3 of 2020 was lower than the profit in Quarter 3 of 2019 due to the effect of Covid-19 pandemic.