Jiangsu Lettall Electronic Co., Ltd. Reports Strong Financial Performance in Q1 2025
2025-09-17 17:14:53Jiangsu Lettall Electronic Co., Ltd., a mid-cap player in the industrial manufacturing sector, has reported its financial results for the quarter ending March 2025, showcasing notable growth in several key metrics. The company’s net sales reached CNY 700.4 MM, reflecting a significant increase of 64.94% compared to the previous quarter.
In addition to impressive sales figures, Jiangsu Lettall Electronic achieved its highest inventory turnover ratio at 5.78%, indicating efficient management of its inventory levels. This performance suggests that the company is effectively converting its inventory into sales, which is a positive sign for operational efficiency.
Furthermore, the debtors turnover ratio also reached a peak of 3.1%, demonstrating the company's ability to collect receivables efficiently. This metric is crucial as it reflects the effectiveness of...
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