PDN: Explanation of the Difference in Post-tax Profit Q1/2025 Compared to Q1/2024

In the Q1/2025 financial report, PDN company announced a post-tax profit of 50 billion VND, a decrease of 10% compared to the same period in 2024. The primary reason for this discrepancy was a significant drop in revenue from business activities due to decreased market demand. Additionally, rising production costs amid prolonged inflation also contributed to the profit decline. The company implemented several cost-saving measures; however, the impact of the overall economic situation remained substantial. As a result, profits for Q1/2025 decreased significantly compared to Q1/2024, although the company continues to maintain stable operations and seeks opportunities for future improvement.

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