QBS Joint Stock Company has released its financial report for Q1 2025. Accordingly, the company’s net revenue reached 50 billion VND, an increase of 15% compared to the same period last year. Gross profit stood at 20 billion VND, up 10% year-on-year. Operating expenses for this quarter totaled 10 billion VND, consistent with Q1 of the previous year.
Profit before tax reached 8 billion VND, a 20% increase compared to last year. However, the corporate income tax expense amounted to 2 billion VND, resulting in a net profit of 6 billion VND, which was a 5% increase year-on-year.
In this report, QBS also outlined its efforts to enhance production efficiency and its strategy for market expansion, particularly in new technology products. The company expects to continue sustainable growth in the upcoming quarters.
Leave a Reply