Business
L&F Co: H1 2024 saw a steep revenue drop and net loss, with high customer concentration risk
L&F Co: H1 2024 saw a steep revenue drop and net loss, with high customer concentration risk
About this update from L & F Co., Ltd.
Revenue and profitability declined sharply in H1 2024, with a net loss of ₩185.3 billion and heavy reliance on two major customers. The company is expanding EV battery material capacity amid volatile market and raw material conditions.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.