HJC’s Q1 2025 financial report shows a 20% revenue growth compared to the same period last year, reaching 500 billion VND. Net profit reached 100 billion VND, a 15% increase from Q1 2024. The main reasons for this growth are increased domestic market demand and the success of newly launched products. Operating costs have been well controlled, decreasing by 5% year-on-year, contributing to profit improvement. However, the company faces challenges such as fluctuations in raw material prices and increasing competition from new entrants in the industry. HJC forecasts continued mild growth in the upcoming quarter but emphasizes the need for a stronger marketing strategy to maintain market share. The company also plans to expand into international markets as the global economy recovers.
Leave a Reply