The 2024 financial report of BWA highlighted the factors affecting the company’s post-tax profit. The total post-tax profit achieved over the past year was attributed to revenue growth from sales and services, alongside effective cost control. New tax policies also positively impacted post-tax profit. The company invested in profitable sectors, enhanced marketing activities, and improved product quality, which helped attract more customers. BWA also implemented measures to optimize production processes and reduce waste. This year witnessed increased competition in the industry, but BWA adjusted its strategy to maintain its market position. Technological improvements and new product development are key paths for building brand equity and enhancing competitive advantage. Overall, the post-tax profit in 2024 reflects the company’s continuous efforts towards sustainable development.
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