IDI company has announced its 2024 financial report with notable points compared to the previous year. Company revenue showed slight growth, reaching approximately 150 billion VND, due to market expansion and improved marketing strategies. However, net profit declined by about 5% compared to last year due to rising raw material costs and competitive pressure in the industry.
The company is focusing on optimizing production processes to save costs. Investment in new technology was also undertaken to increase productivity. IDI forecasts that revenue will continue to increase next year but will face pressure from raw material price fluctuations and customer quality requirements.
Company management believes that more effective measures are needed to control costs and enhance shareholder value. The report also emphasizes the sustainable strategy with plans for new product development to better meet market demands.
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