SZC: Explanation of after-tax profit difference for Q1 2025 compared to Q1 2024

SZC Joint Stock Company reported its Q1 2025 business results compared to Q1 2024 and explained the reasons for differences in after-tax profit. The after-tax profit for Q1 2025 was 10 billion VND, a 20% increase from 8 billion VND in Q1 2024. The main reasons for this growth included increased revenue from business operations and reduced operational costs. In Q1 2025, SZC expanded production scale and developed new products, attracting more customers and increasing sales revenue. Additionally, the company implemented effective cost-saving measures that improved profit margins. Despite facing market challenges, the company’s transformation led to positive profit results.

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