SGH’s Q1/2025 financial report shows the company achieved revenues of $150 million, a 10% increase compared to the same period last year. Gross profit reached $60 million, with a gross profit margin of 40%. Operating expenses slightly increased to $30 million, with management and selling expenses at $15 million each. Pre-tax profit was $25 million, a 20% increase from Q1/2024. Total after-tax profit was $20 million, equivalent to a profit margin of 13.33%. The company continues to maintain a stable dividend policy with a rate of 10% to be paid in Q2/2025. Additionally, SGH announced plans to expand with two new branches in Northern Vietnam in 2025 to enhance market presence. However, the company also faces challenges from global economic fluctuations and increasing competition in the industry.
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