---
title: "LES's net profit for the year 2024 is 130 million yuan, a year-on-year decrease of 1.82%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/229710244.md"
description: "According to the Zhitong Finance APP, LES released its 2024 annual performance preliminary report. In 2024, the company achieved a total operating revenue of 1.612 billion yuan, a decrease of 3.82% compared to the same period last year, and a net profit attributable to the owners of the parent company of 130 million yuan, a decrease of 1.82% compared to the same period last year. During the reporting period, the company's R&D investment continued to grow, and the provision for bad debts on accounts receivable increased"
datetime: "2025-02-26T07:52:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/229710244.md)
  - [en](https://longbridge.com/en/news/229710244.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/229710244.md)
---

# LES's net profit for the year 2024 is 130 million yuan, a year-on-year decrease of 1.82%

According to the Zhitong Finance APP, LES (688631.SH) released its performance preliminary report for the year 2024. In 2024, the company achieved a total operating revenue of 1.612 billion yuan, a decrease of 3.82% compared to the same period last year, and a net profit attributable to the owners of the parent company of 130 million yuan, a decrease of 1.82% compared to the same period last year. During the reporting period, the company's R&D investment continued to grow, and the provision for bad debts of accounts receivable increased

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