DHM: Explanation of Q1 2025 Net Profit Difference Compared to Last Year

DHM has just released its Q1 2025 financial report, showing a net profit of 50 billion VND, down 20% from the same period last year. The decline in profit is mainly attributed to a 15% reduction in sales revenue, along with increased marketing and management costs. Although sales volume decreased, the company adjusted selling prices to maintain its competitive position. Management stated that they are implementing new strategies to boost sales in upcoming quarters, including expanding distribution channels and increasing advertising on online platforms. Forecasts suggest that business conditions will improve in the latter half of 2025 as new products are launched and the market gradually recovers.

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