The financial report for Q1 2025 from PRC indicates impressive growth in revenue and profit. Revenue reached $1.2 billion, a 15% increase compared to the same period last year. Net profit was $150 million, reflecting a 10% rise. The company noted strong development in its core business areas, including technology and financial services. Strategic investments in research and development are also beginning to yield positive results. Operating costs have risen due to expansion and investment but remain manageable. Notably, the gross profit margin improved from 30% to 32% due to streamlined production processes and management. Additionally, PRC announced plans to issue new shares to raise capital for international market expansion projects. Total assets by the end of Q1 2025 amounted to $5 billion, up 12% from the beginning of the year. Liabilities are kept at a safe level, reflecting a strong financial position. PRC continues to aim for sustainable growth in the coming quarters.
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