The Q1 2025 financial report of DND indicates revenue of $10 million, up 15% from the previous quarter. Operating expenses total $6 million, resulting in a gross profit of $4 million. Selling and administrative expenses are $1 million, leading to a net profit of $3 million, a 20% increase year-on-year.
In terms of financial position, the company’s total assets are currently $50 million, with liabilities at $20 million. The debt-to-equity ratio stands at 0.4, indicating strong payment capability.
The report also highlights a $2 million investment in research and development of new products to expand market share in the next year. Specifically, DND has signed a contract with a major partner, expected to yield higher revenues in upcoming quarters.
If the economic situation remains stable, DND expects continued revenue growth in upcoming quarters.
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