SZC: Explanation of After-tax Profit Variance in the Audited 2024 Compared to 2023

SZC has just released its audited financial report for 2024, indicating a variance in after-tax profit compared to 2023. In 2024, the after-tax profit reached 15% higher than the previous year, driven by a significant increase in revenue from real estate activities. Additionally, tighter control over management costs has helped the company improve its profit margin. However, SZC also noted several factors affecting results, such as tax adjustments and changes in accounting policies. The company is committed to maintaining sustainable growth in the coming years.

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