MGR’s Q1/2025 financial report indicates that total revenue reached 150 billion VND, up 10% year-on-year. Gross profit stood at 80 billion VND, with a gross margin of 53.3%. Operating expenses were around 40 billion VND, resulting in a pre-tax profit of 40 billion VND, an 8% increase compared to Q1/2024.
The company has also experienced significant growth in key product segments, particularly in technology and media products. Financial stability is maintained with total assets reaching 1.2 trillion VND and liabilities of 500 billion VND. The debt-to-asset ratio slightly decreased, reflecting good financial control.
The parent company anticipates continued growth in the upcoming quarters through market expansion and new product introductions. Overall, MGR retains a strong market position with positive prospects for the 2025 fiscal year.
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