The Q1 2025 financial report of GGG shows positive financial indicators. Revenue for the quarter reached USD 1 million, up 15% year-over-year, primarily due to the growth of new product lines. Gross profit increased from USD 300,000 to USD 360,000, indicating an improved gross margin. However, operating costs rose due to expansion and marketing investments. Net profit for the quarter was USD 100,000, down slightly from USD 120,000 in Q1 2024. Nevertheless, GGG remains optimistic about recovery and continues pursuing strategic projects for future growth. At the end of Q1 2025, GGG’s total assets stood at USD 5 million, with liabilities around USD 1 million.
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