FLC FAROS Construction Joint Stock Company explained the fluctuation in business performance in the consolidated financial statements in Quarter 1 of 2020 as follows:
Quarter 1 of 2020
(VND)
Quarter 1 of 2019
% decrease/increase
Profit after tax
409,933,973
25,235,777,838
-98.38%
The profit after tax in Quarter 1 of 2020 was lower than the profit in Quarter 1 of 2019 due to the effect of Covid-19 pandemic.