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【Corporate Profit Warning】LEON INSPECTION expects last year's profit to drop by up to 55%, with revenue increasing by up…

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LEON INSPECTION expects its annual profit for the year ended December 31 of last year to decline by 45% to 55%, while revenue is expected to grow by 4% to 9%. The profit decline is mainly due to a significant increase in resource investment in areas such as talent reserves, technology upgrades, and service capability enhancement. The group plans to announce its performance around March 30

According to a report from Economic Information Agency on the 9th, LEON INSPECTION (01586) announced that it expects its profit for the year ending December 31 last year to decline by 45% to 55% year-on-year, while revenue is expected to increase by 4% to 9%.

The group stated that the expected decline in profit is mainly attributed to a significant increase in resource investments in talent reserves, technology upgrades, network construction, and service capability enhancement during the year. These related expenses have a short-term impact on profits, but such investments lay a solid foundation for the group's development, including accelerating the layout of overseas networks. During the year, 218 new overseas employees were added, bringing the total number of global branches and professional laboratories to 82, covering 20 countries. Additionally, AI was prioritized as a strategic focus for new technology applications during the year, with increased investment in the research and application of AI robotics. The group aims to systematically advance technology research and development and talent system construction through the establishment of a collaborative innovation platform between industry, academia, and research.

The group expects to announce its results around March 30. (wh)

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