Day: November 28, 2024

Of note, in September, Novaland recorded its worst half year on record after audited financial reports found huge discrepancies from what was earlier reported by the company. Specifically, the company’s own financial statements reported a profit of VND 3.5 trillion or US$142.2 million, however, an audit found the company had actually made a loss of VND 7.3 trillion or US$296.6 million. This the company largely blamed on its auditors being overly cautious…