Business
L&F Co: Revenue and shipments plunged, but cost controls improved operating profit margin QoQ
L&F Co: Revenue and shipments plunged, but cost controls improved operating profit margin QoQ
About this update from L & F Co., Ltd.
Q3 2024 saw revenue drop 36.6% QoQ and 72% YoY, with operating losses narrowing due to cost controls. Shipments and ASPs declined, but cash flow remained positive and debt ratio rose to 255%.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.