PIV’s Q1/2025 financial report indicates stable business growth. Revenue reached $150 million, up 10% year-over-year. Gross profit was $50 million, with a gross margin of 33%. Operating costs were well managed at $30 million, showing effective cost management. Net profit rose to $20 million, a 15% increase from Q1/2024. PIV also invested in sustainable development projects and technology upgrades, likely boosting growth in future quarters. A 5% dividend was declared, pleasing shareholders. However, challenges like declining market demand and increased competition remain. Management is committed to implementing timely solutions to overcome these issues.
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