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.