PSW: Financial Report Q1/2025

PSW’s financial report for Q1 2025 indicates that revenue increased by 15% compared to the same period last year, reaching 2 million USD. Operating expenses rose by 10% to 1 million USD, mainly due to higher personnel and material costs. Gross profit reached 1 million USD, a 20% increase year-on-year. Net profit for this quarter was 500,000 USD, up 25% from the previous quarter. Total assets at the end of Q1 were 5 million USD, up 5% from the end of 2024. Liabilities remained stable at 1 million USD. PSW also reported a debt-to-equity ratio of 0.2, indicating a strong financial condition. The Board of Directors is confident about growth prospects in the next quarter due to new projects and market expansion. However, the company also noted challenges from the unstable global economic situation.

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