HHV: Explanation of Net Profit Fluctuation in the Audited Financial Report 2024 Compared to the Previous Year

The audited consolidated financial report for 2024 of HHV shows fluctuations in net profit compared to the previous year. The main reasons for this change include an increase in revenue from new transportation contracts, rising production and operational costs due to increased raw material prices, as well as fluctuations in market conditions and interest expenses. The company has implemented cost-saving measures and optimized operations to improve profitability. However, despite positive indicators in revenue, the increase in costs has affected the overall net profit, resulting in a decrease in profit margins compared to the previous year.

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