The Q1 2025 financial report of SDD highlights key aspects of the company’s financial status. Revenue for the quarter reached $5 million, a 15% increase compared to the same period last year. Gross profit amounted to $2 million, equating to a gross profit margin of 40%. Operating expenses rose from $1 million to $1.2 million due to business expansion.
Profit before tax for the quarter was $800,000, reflecting a 10% growth over Q1 2024. After tax deductions, net profit was $600,000. The company’s assets increased to $12 million, primarily due to production scale expansion and investment in new technologies. Liabilities stood at $3 million, indicating a stable debt-to-equity ratio.
The report also emphasizes that the company plans to expand its market and improve cost management to optimize profits in the upcoming quarters.
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