YBM announced its Q1 2025 net profit results, showing a difference compared to the same period last year. Specifically, the company’s net profit decreased by 15% compared to Q1 2024 due to several impacting factors. The main reasons are increased input costs and market competition pressure. Moreover, a decline in revenue from some key products also contributed to the decrease in profit. The company has implemented measures to improve the situation, such as reducing operating costs and seeking new revenue sources. YBM hopes to recover in the following quarters by optimizing production processes and enhancing marketing efforts. Despite a decline in Q1, the company remains committed to its long-term goals with strategic moves to enhance profitability.
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