CHINA LESSO's stock price fell sharply by 5.62% during Tuesday's intraday trading session, reflecting significant negative investor sentiment.
The decline follows the company's release of its annual results for the period ended December 31, 2025, which showed a substantial year-on-year decrease in both revenue and profit. The group reported a 10.03% drop in revenue to 24.315 billion yuan, while profit attributable to owners plummeted by 25.08% to 1.262 billion yuan. Basic earnings per share also declined to 0.41 yuan.
Additionally, the company announced it had entered into a facility agreement for a term loan and revolving credit facilities totaling $165 million, which may have contributed to investor concerns regarding the company's financial strategy amidst declining profitability.
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