VMEPH Reports Q1 2025 Revenue Surge of 76.8%, Net Profit Reverses to $0.9 Million from $1.6 Million Loss

Reuters
May 13, 2025
VMEPH Reports Q1 2025 Revenue Surge of 76.8%, Net Profit Reverses to $0.9 Million from $1.6 Million Loss

Vietnam Manufacturing and Export Processing Holdings Limited (VMEPH) reported its unaudited results for the three months ended 31 March 2025, showing a notable increase in financial performance compared to the same period in the previous year. The company's revenue rose significantly to $19.8 million from $11.2 million, marking an increase of $8.6 million. Gross profit also saw a substantial rise, reaching $2.5 million, up from $0.4 million, an improvement of $2.1 million. The company's profit after tax for the period was $0.9 million, a turnaround from a loss of $1.6 million in the previous year, representing a positive change of $2.5 million. The results reflect a significant recovery in VMEPH's financial performance during the first quarter of 2025.

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