SAV Company has announced its financial report for Q1 2025. The profit results for this quarter demonstrated a decline compared to the same period last year. According to the data, the after-tax profit of SAV reached only 5 billion VND, down 30% from the 7 billion VND of Q1 2024. The main reason for this decline is attributed to the increase in raw material costs and fluctuations in the market. Specifically, difficulties in sourcing stable supplies significantly impacted the company’s production and sales capabilities.
Additionally, SAV has undertaken efforts to reduce costs and optimize production processes; however, it has not yet been able to recover profits as expected. The company’s leadership has committed to closely monitoring the situation and implementing necessary measures to improve profitability in the upcoming quarters.
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