Total Revenue

Up 8% (from USD 3,397M to USD 3,665M)

Total Revenue improved by approximately 8% in Q1 2025, reflecting stronger market conditions, improved product offerings, and successful cross-selling from the previous period that built a higher revenue base. " " " "

Net Income

Turned positive: from a loss of USD 177M to USD 335M

Net Income experienced a dramatic turnaround by shifting from a loss of USD 177M in Q1 2024 to a profit of USD 335M in Q1 2025, driven in part by enhanced operating performance and effective cost control measures that improved profitability relative to the previous period. " " "

Operating Profit

Increased from USD 124M to USD 223M

Operating Profit expanded by USD 99M (an approximate 80% improvement) in Q1 2025, suggesting significant margin expansion and operating leverage benefits as compared to Q1 2024, likely due to improved efficiency and a better revenue mix. " " "

Cash and Cash Equivalents

Up 14% (from USD 1,353M to USD 1,537M)

Cash reserves increased by about 14% YoY, potentially reflecting improved operating cash flows and stronger liquidity management relative to Q1 2024, allowing more robust financial flexibility in the current period. " "

Accounts Receivable

Increased by 33% (from USD 82M to USD 109M)

Accounts Receivable rose by 33% YoY, a change that mirrors the increased total sales volume from Q1 2024 to Q1 2025 and indicates that higher revenue levels are translating into larger receivable balances. " "

Prepaid Expenses

Increased by 37% (from USD 448M to USD 612M)

Prepaid Expenses grew significantly (about 37%), reflecting a combination of increased prepayments and accrued income that likely supports upcoming operational or expansion activities, building on the trends observed in the previous period. " "

Shareholders’ Equity

Increased 3.8% (from USD 9,500M to USD 9,863M)

Shareholders’ Equity strengthened modestly by about 3.8%, driven by the turnaround in net income and additional equity activities, such as share repurchases and share issuances, which built on the prior period’s capital structure adjustments. " "