The Q1 2025 financial report of NCS shows significant growth in revenue and profit compared to the same period last year. Revenue reached 150 billion VND, a 20% increase compared to Q1 2024. After-tax profit was 30 billion VND, up 25%, indicating improvement in cost management and optimization of business operations. Investments in research and development have also shown positive signals with new product launches driving revenue. However, the report indicates some challenges, including rising raw material costs and competition from industry rivals. The company is focusing on improving the production process and enhancing marketing to boost competitiveness. Outlook for the next quarter is optimistic, with expectations for continued revenue growth thanks to new products and market expansion.
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