The Q1/2025 financial report for ITQ indicates a 15% growth in revenue compared to the same period last year, reaching 3 million USD. Net profit stands at 500,000 USD, a 10% increase, driven by cost reductions and improved operational efficiency. The company’s total current assets are 10 million USD, while liabilities amount to 2 million USD. The R&D spending has risen by 20%, totaling 300,000 USD, to enhance new product development. Management expects continued revenue growth in upcoming quarters due to market expansion plans and increased brand promotion efforts. Despite facing some market volatility challenges, the company remains committed to sustainable growth strategies.
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