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

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.