HCD: Explanation of Differences in Net Profit After Tax in the 2024 Audited Financial Statements Compared to the Same Period Last Year

In the audited financial report for 2024, HCD revealed important information about the discrepancies in net profit after tax (NPAT) compared to the previous year. Specifically, HCD reported a significantly higher NPAT for 2024 than in 2023, primarily due to increased revenue from core business activities, alongside more effective cost control. HCD implemented measures to enhance productivity and improve production processes, resulting in cost savings. Additionally, the company capitalized on new market opportunities, boosting sales. Furthermore, factors such as inflation and changes in raw material prices impacted NPAT, but HCD proactively adjusted pricing strategies to protect profits. The company is committed to optimizing operations to maintain growth momentum and create value for shareholders.

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