In Q1 2025, NAV released financial reports showing a decrease in net profit after tax (NPAT) compared to Q1 2024. The main reasons for this decline included reduced sales revenue due to market factors and rising material costs. Particularly, the company faced increased competition, affecting its pricing strategies. Additionally, several unfavorable external factors such as rising interest rates and new tax policies also contributed to the drop in profits. Despite these challenges, company leadership is committed to improving production processes and seeking effective business solutions to recover growth in the upcoming quarter.
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