TRC: Explanation for discrepancies in Q1/2025 net profit compared to the same period last year

In Q1/2025, TRC reported a decrease in net profit compared to the same period last year. The main reasons were market fluctuations affecting revenue and production costs. Specifically, rising raw material prices increased production costs, while revenues did not rise correspondingly. The company has implemented various cost-saving measures and optimized production processes to improve financial conditions in the coming months. It is expected that with adjusted business strategy plans, TRC will gradually recover and enhance operational efficiency in the following quarters.

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