VHM: Explanation for the financial statements in Q4.2021

Vinhomes Joint Stock Company explained has the movements of the financial statements in Quarter 4/2021 compared to the same period of last year as follows:

                                                                        Unit: million dongs

According to the separate financial statements, the profit after tax in Quarter 4/2021 decreased by 4,828 billion dongs, equivalent to the decrease of 64% compared to the Quarter 4/2020 because of the following causes:

-          Gross profit from sales and services decreased by 1,865 billion dongs compared to the same period of last year due to a decrease in the gross profit from real estate transfer.

-          The financial income decreased by 3,498 billion dongs compared to the same period of last year due to a decrease in the income from dividend payment.

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