In the Q1/2025 financial report, TCR recorded an after-tax profit of 50 billion VND, up 10 billion VND (25%) compared to the same period in 2024. The main reason for this growth is an increase in sales revenue, thanks to new product launches and market expansion. Additionally, the company has cut operating costs, improving business efficiency. Notably, revenue from production cooperation activities also saw significant growth, contributing to the company’s profit. Furthermore, the overall economic situation and stable product demand positively supported this financial result. However, TCR cautions that rising input material costs may affect profits in subsequent quarters.
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