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Stock impact report

Leishen Energy (LSE) Reports $48.3M FY2025 Revenue Amid Market Transition [Yahoo! Finance]

Leishen Energy Holding Co., Ltd. - Class A Ordinary Shares (LSE) 
Company Research Source: Yahoo! Finance
financial results, characterizing the period as a transition focused on strengthening its financial foundation despite a decline in core operating performance. Total revenues fell to $48.3 million from $63.5 million the previous year, driven by a sluggish oil and gas market, customer cost pressures, and China-US trade tensions. Consequently, gross profit decreased to $8.5 million, while net income attributable to the company settled at $1.25 million, supported by non-operating gains from short-term investments and equity disposals. The Clean-Energy Equipment division, accounting for 45.7% of total revenue, saw a decline of over $11.7 million due to weakened demand and intensified domestic competition that lowered selling prices for standardized products. New Energy sales, representing 40.4% of revenue, also decreased due to the expiration of a sales agreement with a major client. Meanwhile, the Digitalization and Integration Equipment segment saw improved gross margins of 4.4% throu Show less Read more
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