March 29, 2025 - The 12.34% decrease in revenues in the current year compared to the previous year was due to a decline in the average selling price of products, resulting from the company's strategic shift to focus on wholesale sales while reducing retail sales to enhance product distribution and market presence.
The 29.99% decline in net profit compared to the previous year was driven by the 12.34% drop in revenues and a lower profit margin, as a result of the company's strategic transition to wholesale sales, aimed at improving distribution and market positioning.