ASG: Explanation of Net Profit Discrepancy in 2024 Financial Statements Compared to Last Year

ASG’s 2024 financial report indicates a significant fluctuation in net profit compared to 2023. This discrepancy arises from several key factors. Firstly, revenue from business operations grew due to market expansion and improved operational efficiency. However, operating costs also increased, primarily due to inflation and rising material costs. Additionally, investments in new technologies have led to higher initial investment costs but promise long-term benefits. As a result, despite an increase in revenue, net profit has slightly decreased due to unexpected cost surges. ASG will continue to monitor its financial situation and adjust strategies to optimize profits in the coming years.

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