PPY’s Q1 2025 financial report indicates a revenue of $100 million, up 20% year-on-year. Net profit increased by 15%, reaching $10 million, reflecting improved business operations and capital costs. The company invested heavily in research and development (R&D), with R&D budget up 25% compared to last year, to strengthen its competitive position in the market. However, total debt increased to $50 million, raising concerns about future payment capabilities. The management is committed to sustainable growth and cost optimization to enhance profits in upcoming quarters. PPY aims to maintain growth momentum and prepare for upcoming challenges in the industry.
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