FLC FAROS Construction Joint Stock Company explained the fluctuation in business performance in the separate financial statements in Quarter 1 of 2020 as follows:
Quarter 1 of 2020
(VND)
Quarter 1 of 2019
% decrease/increase
Profit after tax
23,513,437,971
52,685,870,657
-55.37%
The profit after tax in Quarter 1 of 2020 decreased by 55.37% compared to Quarter 1 of 2019 due to the effect of Covid-19 pandemic.