The financial report for Q1 2025 of VVS shows strong growth in revenue and profit compared to the same period last year. Revenue reached 500 billion VND, a 20% increase from Q1 2024, primarily due to increased sales and market expansion. Pre-tax profit reached 100 billion VND, corresponding to a 15% increase. Operating costs rose due to investments in technology and new product development, but the cost/revenue ratio remained well-controlled. The company maintained a stable financial situation with a low debt-to-asset ratio, allowing VVS to continue its expansion plans in the next quarters. Additionally, the dividend increased from 5% to 6%, reflecting the company’s commitment to delivering value to shareholders. It is projected that VVS will continue to grow in the coming quarters due to the development of new products and international market expansion.
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