Royal International Corporation (RIC) announced its Q1/2025 financial results with total revenue exceeding 29.1 billion VND, which is up by more than 8% compared to Q1/2024. The revenue from club operations was nearly 19.7 billion VND, while villa hotel revenue was 9.5 billion VND. The company’s management reported active measures to stabilize existing customer sources and enhance service quality, leading to improved revenue. Gross profit for Q1/2025 reached 4.3 billion VND, significantly up compared to 2024. The company also implemented cost-saving measures, reducing net loss to 9.3 billion VND, compared to 12.7 billion VND in the same period last year. By March 31, 2025, RIC’s total assets reached over 923 billion VND, a slight increase of 1% since the beginning of the year, while total liabilities were 359 billion VND. In 2024, RIC reported total revenue of over 133 billion VND with a net loss of 27 billion VND.
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