In 2024, TLD reported its audited net profit (NP) comparing it to 2023. The report shows a 15% increase in NP from the previous year, reaching $5 million. Key reasons for this difference include increased revenue from newly launched products, improved cost management, and expanded export markets.
Additionally, the company enhanced operational efficiency, minimized fixed costs, and optimized production processes. However, negative factors such as rising input material costs and competition from rivals also put pressure on profits.
To maintain growth, TLD will reinvest in technology and expand its distribution network. The company is committed to improving product quality and customer service.
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