The Q1/2025 financial report of VMS indicates that the company achieved revenue of 500 billion VND, a 20% increase compared to the same period last year. Net profit reached 100 billion VND, up 15% from 2024. Operating costs rose by 10% due to investments in new technology and market expansion. The majority of revenue growth came from an increase in customer numbers and service improvements. The mobile business segment contributed the most to revenue, accounting for 60% of total sales. Additionally, VMS reported signing several large contracts during the quarter, which creates promising growth prospects for the following quarters. However, the company faces challenges from intense market competition and rising raw material costs. It is forecasted that VMS will continue to expand its new products and services and strengthen marketing to maintain market share in the next quarter.
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