LEC recently reported a significant loss in its standalone financial results for 2024. The primary reasons for this loss include a drop in revenue from core activities and an increase in management and selling expenses. Additionally, the overall economic situation has faced challenges, leading many customers to reduce spending. The company has made efforts to improve operational efficiency but has not achieved the desired results. LEC’s management stated that they will continue to review activities to cut costs and seek new opportunities to enhance their financial situation in the near future.
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