HCD has announced its Q1 2025 financial report, indicating a decline in net profit compared to the same period last year. The main reasons for this decrease include rising raw material costs, economic conditions, and market effects. Specifically, the cost of inputs has significantly increased while selling prices remain stable, leading to reduced profit margins. Additionally, intense competition in the industry has limited the company’s revenue growth. HCD is implementing various measures to improve the situation, including enhanced cost management and expanding its distribution system to boost sales. The company hopes that in the upcoming quarters, these measures will be effective in improving net profit.
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