PGS has just released its Q1 2025 financial report highlighting key points. The company’s revenue reached $150 million, up 10% year-on-year. Net profit was $25 million, with a profit margin of 16.7%. Operating costs were well controlled at $100 million, improving profit margins. PGS stated that in this quarter, it signed several new contracts in the energy and industrial sectors, which is expected to drive growth in the upcoming quarters. However, the company also faces challenges, including fluctuations in raw material prices and increasing competition in the industry. PGS’s leadership is committed to focusing on technology innovation and enhancing production efficiency to maintain its market position.
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