No Va Land Investment Group Corporation has explained the movements of the consolidated financial statements in Quarter 1/2023 compared to the same period of last year as follows:
Unit: VND
Quarter 1/2023
Quarter 1/2022
Difference
% increase/decrease
Profit after tax
(410,268,233,468)
1,045,556,580,194
(1,455,824,813,662)
(139.2%)
The Company’s consolidated profit after tax in Quarter 1/2023 decreased by 139.2% compared to the same period of 2022 mainly due to the decrease in the revenue.