HVT: Explanation of Profit Fluctuations in 2024 Compared to 2023

In 2024, HVT is expected to experience significant fluctuations in profit compared to 2023. Key factors affecting profits include changes in revenue from core products, rising raw material costs, and policy shifts in taxation. Although revenue may increase due to effective marketing campaigns and market expansion, heightened production costs might negatively impact profit margins. The company is working to optimize its production processes to mitigate costs while enhancing R&D efforts to develop new products that meet market demands. However, risks associated with the global market must be closely monitored, as they could introduce uncertainty into financial plans. Overall, HVT remains confident in its ability to recover profits through strict management and timely responses to market fluctuations.

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