NO1: Explanation of the difference in net profit after tax in Q1/2025 compared to the same period last year

In the first quarter of 2025, the company reported a decrease in net profit after tax (NPAT) compared to the same period last year. The main reasons for this discrepancy include: 1. Sales revenue declined by 15% due to intense competition and changing market demand. 2. The cost of raw materials increased significantly, affecting profit margins. 3. Management and other operating costs rose, while returns from investment activities fell short of expectations. The company anticipates that measures will be implemented in the coming quarters to improve financial performance.

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