The Q1 2025 financial report of SBM indicates that the company achieved a revenue growth of 15% compared to Q1 2024, reaching 500 million USD. Net profit also recorded a 10% growth, totaling 100 million USD. This positive result was attributed to market expansion and optimized production costs. The company invested heavily in research and development, focusing on environmentally friendly new products. Financial results showed that SBM’s total assets increased to 1 billion USD, with stable liabilities. Notably, the debt-to-equity ratio remained at a safe level of 0.3, indicating SBM’s healthy financial capability. Despite increasing competition in the industry, the company’s leadership remains optimistic about future prospects and has set a revenue target of 2 billion USD for the entire year of 2025. Plans for Q2 will focus on increasing sales efficiency and expanding the distribution network.
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