LEC has recently announced its 2024 business results, indicating significant losses. The primary reason identified was the increase in raw material costs and challenges in product consumption in the market. The management has implemented various measures to optimize costs and improve business efficiency, but the results still fell short of expectations. The company also plans to execute new strategies in the near future to recover its financial situation, focusing on enhancing product quality and expanding its consumption market. However, economic conditions remain challenging, making the company’s quick recovery difficult.
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