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VIC: Explanation for the Quarter 3.2022 separate financial statements VINGROUP Joint Stock Company has explained the movements of Quarter 3/2022 separate financial statements compared to the same period of last year as follows:
The explanation for the movements of over 10%:
− In quarter 3 of 2022, revenue and cost of sales increased compared to the same period of last year mainly due to the increase in the quantity of properties transfer.
− Finance income decreased mainly due to the decrease in the income from investments transfer activities.
− Finance expenses decreased mainly due to the decrease in provision and investments value.
− General & administrative expenses decreased due to the decrease in provision for bad receivable debts.
− Other expenses increased due to the increase in the penalties of contract breach.
− Deferred tax expenses increased due to the increase in tax temporary differences. HOSE
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