The Q1 2025 financial report of VC9 shows significant growth in revenue and profit compared to the same period last year. Revenue reached 500 billion VND, an increase of 15% over Q1 2024, mainly due to market expansion and customer growth. Net profit after tax reached 150 billion VND, an increase of 20% year-on-year, indicating improved business efficiency.
The debt-to-equity ratio also slightly decreased, showing that the company is managing its debt better. Additionally, operating costs were tightly controlled, maintaining a stable gross profit margin of 30%. Total assets of VC9 as of the end of Q1 2025 reached 2,000 billion VND, with good liquidity ratio.
The report also indicates that the company is investing heavily in research and development of new products, expected to launch in upcoming quarters, strengthening its competitive position in the market.
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