The Q1/2025 financial report of VE4 shows steady growth in revenue and profit. Revenue reached 300 billion VND, up 15% compared to the same period last year, thanks to the development of new products and market expansion. Net profit reached 50 billion VND, a 10% increase year-on-year, amid rising production costs that were well controlled. The company also recorded an improvement in gross profit margin, from 25% to 28%. However, the company faces challenges such as increasing competition pressure and raw material price volatility. The management team is committed to continuously optimizing operations and investing in research and development to maintain competitive advantages in the future.
Leave a Reply