The Q1 2025 financial report of AFX has been released, showing the company’s business performance in the first three months of the year. AFX’s revenue reached 1 million USD, a 10% increase compared to the same period last year, driven by rising market demand and new product launches. Operating costs also increased slightly to 600,000 USD, mainly due to marketing and personnel expenses. Gross profit recorded at 400,000 USD, with a gross margin of 40%. Net profit after tax was reported at 250,000 USD, up 12% from Q1 2024. The company announced that investments in new technology will continue to be prioritized in the near future to enhance production efficiency and improve customer experience. AFX’s total assets reached 5 million USD, maintaining financial stability. It is forecasted that AFX will continue to sustain growth in the upcoming quarters due to optimistic prospects from new products and a broad market.
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