LEC: Explanation of Discrepancies in Business Results for 2024 Before and After Audit

In the 2024 financial report, LEC disclosed discrepancies in its business results before and after auditing. This has attracted significant attention from investors and shareholders. The main reasons for these discrepancies were identified as adjustments to certain income and expense items that auditors requested clarification on. Specifically, adjustments were made to the revenue from business operations and inaccurately recognized expenses according to accounting standards, leading to changes in the company’s net profit. During the audit, some deficiencies in the timing of revenue recognition were also discovered. LEC is committed to correcting these errors and improving its accounting processes in the future to ensure transparency and accuracy in financial reporting.

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