CPC has released its financial report for Q1 2025. Revenue reached 500 billion VND, a 10% increase compared to the same period last year. Gross profit was 300 billion VND, with a gross profit margin of 60%. Operating costs rose by 5% compared to the previous quarter, primarily due to increased personnel and marketing expenses. Net profit after tax reached 150 billion VND, a 12% increase from Q1 2024. The company attributed this growth largely to market expansion and increased sales. For Q2, CPC plans to continue its growth with the launch of new products and enhanced advertising strategies. However, it also highlighted challenges like fluctuating raw material prices and increasing competition in the industry. CPC’s ROE stood at 18%, indicating good profitability. Total assets at the end of the quarter amounted to 1.2 trillion VND, an 8% increase from the beginning of the year.
Leave a Reply