AGG Joint Stock Company announced its audited business results for 2024, showing significant fluctuations compared to the previous year. The company’s revenue grew significantly thanks to market recovery and government consumption incentives. However, net profit decreased due to rising production and management costs. Factors such as increased raw material costs, investments in new technology, and currency exchange rate fluctuations impacted profits. Despite revenue growth, AGG is particularly focused on optimizing costs and improving operational efficiency to maintain sustainable profits moving forward. The company has implemented several measures to mitigate these adverse factors in the coming year, including negotiating better prices with suppliers and enhancing digital transformation in management. AGG is confident that with a clear strategic direction, it will improve its financial situation in the coming years.
Leave a Reply