The Q1 2025 financial report of VE1 company shows significant revenue growth compared to the same period last year. Revenue reached 500 billion VND, a 15% increase from Q1 2024. Gross profit rose to 200 billion VND, maintaining a gross profit margin of 40%. Operating costs increased slightly mainly due to enhanced investments in marketing and new product development. After-tax profit reached 80 billion VND, a 12% increase from the previous year. Short-term debts decreased by 10% due to timely repayments, while current assets increased, indicating a healthy financial situation. The company anticipates favorable growth in upcoming quarters thanks to strategies for market expansion and product improvement. Sustainable revenue growth along with effective cost management will help VE1 maintain stable profits in 2025.
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