Core Viewpoint - VSTECS has released its first business update for Q1 2025, showcasing significant year-over-year growth in revenue, gross margin, and net profit, reflecting the company's commitment to transparency and shareholder value [1][2] Financial Performance - In Q1 2025, total revenue increased by 16-17% YoY, gross profit rose by 20-21% YoY, and net profit attributable to shareholders surged by 28-29%, aligning with previous forecasts for 1H2025 [2] - The company anticipates a revenue growth rate of 15-20% over the next three years, primarily driven by higher margin business segments [1] - Forecasts for 1H2025 include revenue of HK2,065 million (16.3% YoY increase), and net profit of HK$627 million (30.3% YoY increase) [2] Strategic Insights - The release of quarterly financial data is a strategic move to enhance transparency and reduce perceived risk, which may improve the company's valuation [1] - The increase in gross profit is attributed to a rise in gross margin following the discontinuation of low-margin business in the Southeast Asian region [2]
VSTECS(00856.HK)：1Q2025 FINANCIAL RESULTS SHOW THAT VSTECS IS ON TRACK TO MEET GUIDANCE