In the first quarter of 2025, SVD reported a significant change in net profit compared to the same period last year. The primary reason for this was fluctuations in revenue and operating costs. While revenue from sales and services increased sharply, particularly due to the launch of new products, the cost of raw materials also rose, putting pressure on profits. Additionally, SVD invested in modernizing production technology, leading to increased productivity but also higher initial investment costs. However, with more effective cost management measures, the company expects to improve profit margins in the upcoming quarters. Overall, SVD remains optimistic about growth prospects in 2025.
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