XMP Joint Stock Company is set to release its 2024 financial statements (FS) with changes in after-tax profit. These fluctuations are primarily attributed to alterations in revenue from core business operations and increased production costs. XMP stated that in 2024, revenue growth is expected due to market expansion and new product development, but rising raw material costs have impacted profits. Additionally, XMP has implemented cost-saving measures and optimized production processes to enhance profitability. It is forecasted that the after-tax profit for 2024 could decline by 5% compared to the previous year, yet still remains stable according to the planned targets. The company also emphasizes its commitment to meeting financial governance requirements and controlling business risks in a volatile market.
Leave a Reply