The financial report for Q1 2025 of HHG Corporation shows a positive outlook on financial status and business operations. Revenue reached 500 billion VND, a 20% increase compared to the same period last year. Net profit recorded at 80 billion VND, corresponding to a profit margin of 16%. Operating costs were managed efficiently, reducing fixed costs and enhancing profit margins. The company announced market expansion, increased marketing activities, and new product development, thus boosting revenue from potential customers. Furthermore, HHG continues to maintain a strict financial management policy, ensuring positive cash flow and improving liquidity. Despite some market challenges, particularly increased competition and raw material price fluctuations, the management is confident about growth prospects in the following quarters. For 2025, HHG aims for revenue of 2 trillion VND with stable profit growth.
Leave a Reply