This report presents MDG’s financial results for the fiscal year 2024 and compares it with 2023. The estimated net profit after tax (LNST) for 2024 is expected to decline compared to the previous year due to several main reasons. First, production costs increased as raw material prices soared, affecting gross profit margins. Secondly, investments in technology and market expansion incurred more costs than anticipated. Finally, increased competition in the industry also led to lower than expected revenues. The company has implemented measures to mitigate the impact, such as optimizing production processes and improving customer service. It is predicted that LNST will gradually improve in subsequent quarters as these measures take effect.
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