PHAT DAT REAL ESTATE

DEVELOPMENT CORPORATION

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No.: 232/2022/PD-TC

"Re: Explanation on 1H2022 income statement

  • Interim Consolidated Financial Statements"

SOCIALIST REPUBLIC OF VIETNAM

Independence - Freedom - Happiness

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HCMC, 20th July 2022

To: - THE STATE SECURITIES COMMISSION,

- HO CHI MINH STOCK EXCHANGE (HOSE).

On 20th July 2022, Phat Dat Real Estate Development Corporation (Stock Code: PDR) published its Interim Consolidated Financial Statements for 1H2022. In these financial statements, 1H2022's profit after tax is 1.63 times compared to that of 1H2021. Details are as follows:

  • Profit after tax of 1H2021: VND 250,981,725,724
  • Profit after tax of 1H2022: VND 408,534,155,208 With the following explanations:

2Q2022's revenue grew by 58.7%, or VND 315,658,035,463, due to the handover area of Zone 4's high- rise apartment section was significantly higher than the transferred lots of Zone 9's low-rise section and a part of Zone 4's high-rise section of Nhon Hoi Ecotourism City, Binh Dinh Province.

Thus, the Company's profit after tax in 1H2022 increased by 63% or VND 157,552,429,484 as compared to that of 1H2021.

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 20 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 July 2022 08:18:09 UTC.