The 2024 financial report of HVA shows strong performance amid a turbulent global economy. Revenue reached 1.5 trillion VND, increasing by 10% compared to the previous year, mainly due to market expansion and improved production efficiency. The company’s net profit stood at 200 million VND, with a profit margin of 13%, up 2% from 2023. HVA has heavily invested in new technologies to optimize production processes and reduce costs. Operating expenses increased by 5% due to recruitment and higher raw material costs. However, HVA has specific plans to improve cost management next year. The company forecasts a further 12% revenue increase in 2025 based on signed contracts and entry into new markets. HVA is also committed to sustainable policies to protect the environment and enhance social responsibility.
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