This report presents the analysis and explanation of the net profit (NP) difference for Q1 2025 compared to Q1 2024. The net profit in Q1 2025 decreased to X million VND, a Y% decline from the same period last year. The primary reasons for this drop are attributed to a decrease in sales revenue and rising costs, including raw material and transportation expenses. Increased competition in the market has also impacted pricing and product consumption. Additionally, the company faced some supply chain management issues, further raising costs and lowering operational efficiency. The company commits to taking necessary measures to improve performance and aims to stabilize net profit in upcoming quarters.
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