The financial report for Q1 2025 of CFV shows that the company achieved a revenue of 15 million USD, up 10% compared to the same period last year. Gross profit reached 5 million USD, with a gross profit margin of 33%. Operating expenses increased slightly by 5% compared to Q1 2024, mainly due to branch expansion and investment in new technologies. Profit before tax reached 3 million USD, equating to a net profit after tax of 2 million USD. The net profit margin on revenue was 13%. The company also reported an increase in market share in several key areas and is maintaining stable growth. Revenue forecast for Q2 could reach about 18 million USD due to newly signed contracts.
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