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Press Releases

21.04.2025

Clarification of Information in the Q1.2025 Financial Statements

On April 19, 2024, HSC published its financial statements for Q1.2025. To clarify certain aggregated figures that may have led to misunderstandings and inaccurate reporting, we would like to issue the following clarification.

In the Statement of Income report, under the "OPERATING EXPENSES" section, there is an item labeled "24. Provisions for financial assets, losses on bad debts, impairment losses of financial assets and interest expenses associated with loans" amounting to VND 302,543,187,607. This item corresponds to "Interest Expense" and has been disclosed in the Statement of Cash Flows (as illustrated below).

Please note that HSC did not incur any provision for financial assets in the first quarter of 2025.

FS1-1FS2-1

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