The Q1 2025 financial report of SPD indicates that the company recorded a 15% growth in revenue compared to the same period last year, reaching 250 million USD. Net profit also improved, increasing by 20% to 50 million USD due to reductions in production and management costs. The company invested heavily in research and development, with 10 million USD allocated to new projects. However, raw material costs are showing signs of increasing, and management forecasts that market challenges may impact growth in the upcoming quarters. Plans for market expansion and improving operational efficiency have been set to ensure sustainable growth in the near future.
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