The financial report for Q1/2025 from PIA indicates stable growth for the company. This quarter’s revenue reached 500 million VND, a 10% increase from Q4/2024. Net profit was 80 million VND, up 15% compared to the same period last year. Growth was driven by market expansion and improved production processes. However, PIA also noted higher operating costs due to rising raw material prices and labor expenses. Leadership is committed to balancing expansion with cost management to sustain profitability.
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