VCF: Explanation of Financial Statement Data Fluctuations in Q1/2025 Compared to the Same Period Last Year

VCF Corporation has just announced its Q1/2025 financial report, reflecting significant fluctuations compared to the same period last year. This quarter, revenue reached 150 billion VND, a 20% increase from Q1/2024, thanks to market expansion and product quality improvements. However, production costs also rose by 15%, leading to only a slight increase in net profit, which reached 30 billion VND, a 5% rise compared to last year.

The main reasons for revenue growth include the launch of new products and effective marketing campaigns. Despite positive factors, the company also faced challenges from rising raw material prices and fierce competition from rivals.

The company is committed to closely monitoring its financial situation and will implement necessary measures to improve operational efficiency in the coming quarters.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

More posts