DSP Corporation has just released its financial report for Q1 2025, showing stable growth in business operations. Net revenue reached 150 billion VND, up 10% compared to the same period last year. Gross profit was 60 billion VND, with a gross profit margin of 40%. Operating costs also saw a slight increase, mainly due to advertising and personnel expenses. Pre-tax profit for the quarter was 25 billion VND, up 12% from Q1 2024. The company attributed the growth primarily to market expansion and product quality improvements. Furthermore, DSP implemented cost-saving measures to maintain profit levels. Forecasts for the next quarter indicate DSP will continue to enhance marketing strategies and develop new products to strengthen its market position. Total assets at the end of Q1 2025 amounted to 500 billion VND, a 5% increase since the beginning of the year. The company has also revised its annual plan with a revenue target of 650 billion VND.
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