LAW’s Q1 2025 financial report indicates revenue reached $150 million, a 20% increase year-on-year. Gross profit stood at $60 million, with a gross margin of 40%. Operating expenses were well-controlled at $30 million, leading to a net profit of $25 million. However, the company noted challenges due to supply chain strains and fluctuating raw material prices. LAW’s leadership stated they have implemented measures to optimize production processes and reduce costs. Additionally, the company remains committed to its market expansion strategy in Asia for upcoming quarters. The forecast for the entire year of 2025 anticipates revenue around $600 million with stable growth.
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