PDR: Explanation for the consolidated financial statements in Q4.2022

Phat Dat Real Estate Development Corp explained the business result in Quarter 4/2022 based on the consolidated financial statements in Quarter 4/2022 with details as follows: The profit after tax in Quarter 4/2022 decreased compared to Quarter 4/2021: - Profit after tax in Quarter 4/2021: 751,468,450,785 dongs - Profit after tax in Quarter 4/2022: (229,481,815,815) dongs Following are the main reasons: - Due to the general difficult situation of the whole market, especially the real estate industry, the Company's investment in real estate business is not favorable. - Due to the investment portfolio restructuring strategy of the company. Therefore, the Company’s profit after tax in Quarter 4/2022 decreased by 130.5%, equivalent to VND980,950,266,600 compared to Quarter 4/2021.