VIC: Explanation for the Quarter 4.2022 separate financial statements

VINGROUP Joint Stock Company has explained the movements of Quarter 4/2022 separate financial statements compared to the same period of last year as follows: The explanation for the movements of over 10%: − Revenue and cost of sales decreased compared to the same period of last year mainly due to the decrease in the quantity of real estate transfer. − Financial income increased mainly due to the increase in the gain from deposit and loan. − Financial expenses increased due to the increase in the lending rate expenses and the increase in provisioning for devaluation of investments. − General administrative expenses decreased due to the decrease in charity sponsors expenses. − Other expenses decreased due to the decrease in contract penalty. − Deferred corporate income tax expenses decreased due to the decrease of temporary differences in tax calculation.