The financial report for Q1 2025 from XPH shows significant revenue growth compared to the previous quarter. Revenue reached 150 billion VND, an increase of 20% compared to Q4 2024. Gross profit stood at 75 billion VND, maintaining a gross profit margin of 50%. However, operating expenses also increased, mainly due to marketing and new product development costs. Net profit recorded at 30 billion VND, up 15% year-on-year. The company invested 10 billion VND in technology and facility upgrades. Additionally, the report indicates that XPH plans to expand service solutions in the next quarter to create new revenue streams. By the end of Q1, the company’s total assets reached 500 billion VND, a 5% increase compared to the previous year. Financial indicators show the company remains stable with a debt-to-equity ratio of 0.3.
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