Back
14 Apr 2025
Leader Environmental Technologies Reports FY2024 Net Loss of RMB 62.1 Million Amidst Operational Challenges
Summary: Leader Environmental Technologies Limited reported a net loss of RMB 62.1 million for FY2024, a 17.2% increase from the previous year's loss. The company's revenue declined by 41% year-on-year to RMB 33 million, primarily due to reduced engineering project income. Despite these challenges, the Group continues to focus on its core business segments, including municipal/oily sludge treatment, high-performance membrane manufacturing, greentech investments, and the AIWater management system.