The Q1 2025 financial report of VTE highlights several key points: Revenue reached 150 million VND, a 20% increase compared to the same period last year. Gross profit increased by 15% to 50 million VND, demonstrating efficiency in cost control. However, operating expenses rose by 10% due to investments in marketing and new product development, resulting in a 5% decrease in net profit to 30 million VND. The company’s total assets reached 1.2 billion VND, showing a slight increase from the beginning of the year. Liabilities were 500 million VND, with a debt-to-equity ratio of 0.4, indicating stable financial status. The company continues to test new products in the market and anticipates significant growth in the upcoming quarters. Overall, the Q1 2025 financial results reflect positive development but also highlight challenges in cost management.
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