Traphaco JSC (TRA), one of Vietnam’s leading pharmaceutical companies, said its net profit surged 75.4% on year to VND31.8 billion in the first quarter of this year.
Net revenue rose 82.6% on year to VND402.7 billion in the period, TRA said in its financial statement.
TRA had VND17.75 billion worth of financial costs during the period, up from VND389.97 million in the same period last year.
As of March 31, its inventories were reported at VND234.3 billion, rising by 14.77% three months earlier.