Business
L&F Co: Revenue and margins declined sharply, but operating loss narrowed on inventory depletion
L&F Co: Revenue and margins declined sharply, but operating loss narrowed on inventory depletion
About this update from L & F Co., Ltd.
Revenue fell 12.7% QoQ and 59.4% YoY due to weak EV and ESS demand, but operating loss narrowed as high-cost inventory depleted. Debt ratio rose to 244.3% and cash flow management remains a priority.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.