The financial report of HCC Joint Stock Company for the first quarter of 2025 showed significant fluctuations in the company’s financial situation. Total revenue reached 500 billion VND, an increase of 15% compared to the same period last year. Gross profit reached 100 billion VND, accounting for 20% of total revenue. However, operating costs increased significantly, mainly due to rising personnel and material costs. Total operating costs amounted to 80 billion VND, reducing profit margins. After-tax profit was 20 billion VND, a decrease of 10% compared to Q1 2024. The company announced it would continue improving production processes and seeking more stable supply sources to control costs. For Q2 2025, HCC expects revenue to continue growing due to new orders and market recovery. Investment strategies and market expansion plans were outlined to enhance profitability and increase market share.
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