The Q1 2025 financial report of FGL indicates stable growth in revenue and profit. The quarter’s revenue reached $500 million, a 15% increase over the same period last year, driven by market expansion and increased sales. Net profit was $80 million, corresponding to a profit margin of 16%. Operating costs were effectively controlled, with selling and administrative expenses rising only 10% compared to Q1 2024. FGL also reported an increase in research and development expenses to $20 million, demonstrating the company’s commitment to innovation and new product development. FGL’s current financial situation remains strong, with total assets of $2 billion and a low debt-to-assets ratio, allowing for good liquidity management. The management remains optimistic about the business outlook for 2025 and plans to increase dividends for shareholders by the end of the year.
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