The MVC Parent Company’s Q1 2025 financial report indicates that revenues reached 2 million USD, a 15% increase compared to the same period last year. Gross profit stood at 1 million USD, with a gross margin rate of 50%. Total operating expenses, including selling and administrative costs, amounted to 600,000 USD, leading to pre-tax net profit of 400,000 USD. After taxes, net profit reached 320,000 USD, reflecting a 20% increase from Q1 2024. The company has also invested 200,000 USD in research and development to expand new products in the future. Financial metrics such as current ratio and debt/equity ratio remain within safe levels. Management projects that total revenue for the year 2025 will range between 8 to 10 million USD, emphasizing plans to expand the market and enhance marketing efforts to achieve targets.
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