THG Company has explained the differences in financial performance in the consolidated and separate financial reports for Q1/2025 compared to the same period last year. Accordingly, revenue in Q1/2025 saw a significant increase due to market expansion and product quality improvement. However, production costs also rose beyond expectations due to increased material prices and other related production costs. This impacted the gross profit, as revenue increased but net profit recorded a decrease compared to Q1 last year. The company has also outlined plans to improve operational efficiency and reduce costs in the coming period to achieve sustainable revenue targets for 2025.
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