The Q1 2025 financial report of NBW shows strong growth in revenue and profit compared to the same period last year. Revenue reached 500 million USD, up 20%, while net profit increased by 25% to 100 million USD. This increase is mainly attributed to market expansion and improved operational efficiency. The company has heavily invested in technology and research and development, enhancing product and service quality. However, rising material costs and competitive market pressure remain significant challenges. It is forecasted that NBW will continue to push forward with market expansion strategies and cost optimization to sustain growth. The company also mentioned considering issuing shares to raise funds for new projects. Overall, the report presents a positive picture of NBW’s business operations in the current economic context.
Leave a Reply