In 2024, SJS’s after-tax profit is expected to fluctuate significantly compared to 2023 due to several main reasons. First, revenue from real estate projects implemented in 2024 is anticipated to increase, thanks to timely signed contracts and deliveries. Second, production and operational costs may rise due to fluctuations in raw material prices and loan interest rates.
Additionally, SJS is implementing strategies to reduce unnecessary costs to improve profits. Despite challenges, the company believes that with good management, it can maintain a reasonable profit margin as the real estate market gradually recovers.
Finally, the company will also increase marketing activities to attract customers, contributing to revenue and profit growth in 2024.
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