PHAT DAT REAL ESTATE

DEVELOPMENT CORPORATION

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No.: 285/2023/PD-TC

"Re: Explanation of 1H2023 income statement

  • Interim Consolidated Financial Statements"

SOCIALIST REPUBLIC OF VIETNAM

Independence - Freedom - Happiness

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HCMC, August 23, 2023

To: - THE STATE SECURITIES COMMISSION,

- HO CHI MINH STOCK EXCHANGE (HOSE).

On August 23, 2023, Phat Dat Real Estate Development Corporation (Stock Code: PDR) published its interim Consolidated Financial Statements for the first six months of 2023. In these financial statements, 1H2023's profit after tax decreased from that of 1H2022. Details are as follows:

  • Profit after tax of 1H2023: VND 298,149,881,992
  • Profit after tax of 1H2022: VND 687,923,895,703 With the following explanations:
  • Due to the common difficulties of the economy, especially the real estate industry, the Company's business operations and investments were in unfavorable conditions.
  • Due to the Company restructuring its investment portfolio.

Thus, the Company's profit after tax in 1H2023 decreased by 56.66%, or VND 389,774,013,711, compared to IIQ2022.

Respectfully.

Phat Dat Real Estate Development Corporation

Chief Executive Officer

Recipients:

-

As stated above;

(Signed and stamped)

-

Company archives

BUI QUANG ANH VU

[NOTICE: This document is a translation of the Vietnamese language original for convenience purposes only, and in

the event of any discrepancy, the Vietnamese language original shall prevail.]

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Phat Dat Real Estate Development Corp. published this content on 23 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 August 2023 02:20:01 UTC.