L & F Co., Ltd.KRX: 066970

L&F Co: Revenue and shipments plunged, but cost controls improved operating profit margin QoQ

· Issued by 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%.

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