IRC: Financial Report Q1/2025

In the financial report for Q1 2025, IRC recorded significant growth in revenue compared to the same period last year. Revenue reached 150 billion VND, an increase of 20%. Gross profit also showed a positive trend, reaching 50 billion VND, up 15%. However, operating costs increased due to investments in new projects and personnel expenses. Total operating costs were 30 billion VND. Despite this, net profit remained strong at 18 billion VND, slightly down from 20 billion VND in Q1 2024. The project completion rate improved with 4 out of 6 planned projects for the year expected to be completed. IRC also commits to maintaining sustainable operations and market expansion in the upcoming period. The company’s financial ratios remain stable, with a debt-to-equity ratio at a safe level. The total assets of the company increased to 500 billion VND. IRC’s guiding principle for 2025 remains maximizing shareholder benefits and sustainable development.

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