The Q1 2025 financial report of HWS highlighted several key points in the company’s business operations. Revenue reached $150 million, a 10% increase compared to the same period last year. Gross profit was $70 million, equating to a gross profit margin of 46.7%. However, operating costs rose to $50 million, putting pressure on net profit. Net profit for this quarter was $15 million, slightly down from $17 million in Q1 2024. The company also invested further in new technology and expanded its distribution network, which will create growth opportunities in upcoming quarters. HWS’s total assets at the end of Q1 stood at $600 million, up from $580 million a year earlier. The company maintained a low debt-to-equity ratio, indicating good financial health. However, management noted that fierce market competition could impact future business expansion plans.
Leave a Reply