The Q1 2025 financial report of VHL shows significant fluctuations in the company’s financial situation. Revenue in Q1 reached 500 billion VND, up 15% compared to the same period last year, mainly due to an increase in sales of new products. However, operating costs also rose by 10%, reaching 300 billion VND, resulting in a gross profit of 200 billion VND. Net profit after tax was 150 billion VND, an increase of 20% year-on-year. The company invested 100 billion VND in upgrading machinery and technology, aiming to improve productivity in subsequent quarters. For upcoming quarters, VHL plans to continue exploiting market potential and expanding production scale. As of the end of Q1, total assets reached 1,500 billion VND, with a reasonable debt-to-equity ratio.
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