TCI: Explanation of Profit Fluctuations in Q1 2025 Compared to the Same Period Last Year

TCI has recently released its financial statements for Q1 2025, revealing significant fluctuations in after-tax profit (ATP) compared to the same period last year. The ATP for this quarter reached 20 billion VND, a 15% decrease from Q1 2024. The primary reason for this decline is a drop in revenue from core business activities due to market difficulties and rising raw material costs. The company has taken measures to reduce costs, but these efforts could not compensate for the revenue decrease. TCI stated it will continue to optimize production activities, seek new market opportunities, and adjust its business strategy to improve financial results in subsequent quarters.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

More posts