The financial report for Q1/2025 of NQN shows that revenue reached 150 million USD, up 20% compared to the same period last year. Gross profit amounted to 80 million USD, with a gross profit margin of 53%. Operating expenses for the quarter were 30 million USD, primarily due to increased marketing and personnel costs. Net profit after tax reached 40 million USD, a 15% increase from Q1/2024. The net profit margin remained stable at 27%. The company also announced plans to invest in production expansion with an additional 10 million USD for research and development of new products to enhance competitiveness. Positive financial results indicate that NQN is on a strong growth trajectory in a competitive market. The company’s leadership affirmed its commitment to maintaining product quality and expanding export markets in the near future.
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