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Leader Environmental Technologies Tackles Financial Losses with New Sludge Treatment Plant

Story Highlights
  • Leader Environmental Technologies faces rising losses, reaching RMB 62.1 million in 2024.
  • The company is commissioning a sludge treatment plant to expand services in ASEAN.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Leader Environmental Technologies Ltd. ( (SG:LS9) ) has provided an announcement.

Leader Environmental Technologies Ltd. addressed shareholder concerns regarding its increasing financial losses, which amounted to RMB 62.1 million in 2024. The company is actively working to reverse this trend by securing projects and controlling operational costs. A key development is the commissioning of a sludge treatment demonstration plant, expected to be completed in the second quarter of 2025, which will enhance the company’s service offerings in the ASEAN market.

More about Leader Environmental Technologies Ltd.

Leader Environmental Technologies Ltd. is a company based in Singapore, operating in the environmental technology industry. The company focuses on developing and implementing technologies for waste treatment, specifically utilizing Continuous Thermal Hydrolysis and pyrolysis technologies to achieve zero-waste discharge and full resource recovery.

Average Trading Volume: 931,905

Technical Sentiment Signal: Buy

Current Market Cap: S$61.4M

For detailed information about LS9 stock, go to TipRanks’ Stock Analysis page.

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