No Va Land Investment Group Corporation has explained the movements of the separate 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
(833,346,706,498)
211,698,924,692
(1,045,045,631,190)
(493.65%)
The Company’s consolidated profit after tax in Quarter 1/2023 decreased by 493.65% compared to the same period of 2022 mainly due to the decrease in the revenue.