The Q1/2025 Financial Report of VCF Joint Stock Company shows significant changes in several key indicators compared to the same period last year. Net revenue reached 150 billion VND, up 15% thanks to market expansion and increased sales. Gross profit rose to 45 billion VND, with a gross profit margin of 30%, reflecting effective cost management. However, operating expenses increased by 10% due to investments in advertising and marketing to enhance brand awareness. As a result, net profit reached 20 billion VND, down 5% year-on-year due to rising costs. The company also noted an increase in risk provision expenses due to the impact of an unstable market. VCF indicated that despite challenges, plans for the next quarter will maintain growth momentum through cost optimization measures and expanding distribution channels.
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