NVL: Explanation for the consolidated financial statements in Quarter 1/2023

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.