The Board of Directors of VFG Company has met and approved the financial statements for the first quarter of 2025. These statements show a slight revenue growth compared to the same period last year, with gross profit increasing due to improved cost management. Highlights include a 15% increase in revenue from core business activities, while selling and administrative expenses have been optimized, reducing pressure on net profit. However, the Board also noted that there are still many challenges ahead due to market fluctuations. The Board has decided to plan for marketing activities and product expansion to maintain sustainable growth in the coming quarters. The company will hold a shareholders’ meeting at the end of May to provide detailed information about the Q1 financial statements and proposed development strategies.
Leave a Reply