TCM Joint Stock Company has reported an explanation for the difference in Net Profit After Tax (NPAT) in the first quarter of 2024 compared to the first quarter of 2023. According to the report, NPAT for TCM in the recent quarter increased by 15% compared to the same period last year. The main reasons for this growth were identified as an increase in exports to European and North American markets, as well as cost savings from production process improvements. Furthermore, product price increases contributed to higher revenues. The management stated that they will continue to maintain effective business strategies to ensure sustainable development moving forward.
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