The Q1 2025 financial report of V12 company shows a significant growth compared to the same period last year. Revenue reached 500 billion VND, up 20% from Q1 2024. Gross profit also increased to 200 billion VND, indicating effective production cost management. Management and selling expenses slightly decreased, resulting in a net profit increase to 150 billion VND, a rise of 25% from last year.
The company has heavily invested in marketing and new product development, contributing to increased revenue from new customers. V12 also reported improvements in cash flow, with end-of-period cash amounting to 300 billion VND, indicating good liquidity.
However, the report also points out some challenges such as increasing competition pressure and rising raw material costs that may narrow profit margins in the coming quarters. The company will continue to monitor market conditions and adjust strategies to maintain sustainable growth.
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