DDV’s Q1 2025 financial report indicates revenue growth due to market recovery post-pandemic. Total revenue reached $200 million, up 20% year-on-year, with main product revenue contributing significantly, achieving a gross margin of 40%. Operating expenses also increased to $150 million, primarily due to investment in marketing and distribution expansion. However, the company maintained a net profit of $20 million, slightly lower than last year but managing operational efficiency. Cost-saving policies helped the firm control its financial situation well. DDV also announced plans to expand production and research new products to meet market demand, targeting a growing potential customer segment, with plans to enhance advertising campaigns in the next quarter.
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