The Q1 2025 financial report of GLW highlights several key points. Revenue reached 120 million USD, a 15% increase compared to the same period last year. Net profit recorded is 25 million USD, resulting in a profit margin of 20.8%. The company invested 10 million USD in research and development this quarter, demonstrating a commitment to expanding products and technology. Operating expenses increased to 35 million USD, mainly due to rising material costs and labor expenses. GLW anticipates sustainable growth in the upcoming quarters thanks to strategies for market expansion and new product development. The Board of Directors also reported progress in collaborations with new strategic partners, expected to provide additional revenue soon. Total assets at the end of the quarter are 500 million USD, indicating the company’s financial stability.
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