In the first quarter of 2025, KHP Joint Stock Company recorded strong revenue growth compared to the same period last year. Revenue reached 120 million VND, up 15% due to market expansion and an increase in the number of customers. Gross profit also increased by 18%, reaching 40 million VND, thanks to improved production efficiency and reduced raw material costs.
Although revenue and profit have risen, the company faced some challenges, especially with operating costs rising by 10% due to inflation and increased labor costs. Additionally, increased investments in research and development of new products have reduced net profit to only 25 million VND, down 5% year-on-year.
KHP anticipates that this trend will continue in the coming quarters unless cost control measures and production process optimization are improved. The company is committed to focusing on sustainability and competitiveness in the market.
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