The Q1 2025 financial report of PVV shows strong revenue growth, reaching $150 million, up 20% year-on-year. Gross profit reached $40 million, corresponding to a gross profit margin of 26.7%. Operating expenses increased slightly due to investments in research and development, but overall costs remained manageable, with advertising expenses rising by 15%. Consequently, net profit rose to $25 million, a 10% increase compared to Q1 2024. The company’s total assets reached $500 million, with a debt-to-equity ratio of 0.5, indicating stable financial conditions. The company also announced plans to expand into Southeast Asian markets and focus on sustainable development in the near future.
Leave a Reply