What were the 2024 losses for Lealea and Li Peng?

Lealea reported a net loss of NT$0.78 per share, and Li Peng reported NT$0.97 per share.

What were the main reasons for the losses?

The losses were primarily due to US reciprocal tariffs and low-price dumping from China.

What is the business outlook for 2025?

Chairman Kuo expects 2025 performance to improve over 2024, citing restructuring and new product mass production.

AI News NQ Analysis

Lealea and Li Peng Post Losses in 2024; Chairman Kuo Says 2025 Operations Will Improve

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Lealea and Li Peng Post Losses in 2024; Chairman Kuo Says 2025 Operations Will Improve
Taiwanese textile giants Lealea and Li Peng reported net losses for 2024, impacted by US tariffs and Chinese low-price dumping. However, Chairman Kuo Shao-yi expressed confidence in a 2025 recovery, citing the restructuring of unprofitable units and new product development. Both companies returned to profitability in Q1 2025.
Source: CNA
Date: Tue Jun 09 2026 14:21:00 GMT+0900 (Japan Standard Time)

Direct answer

Taiwanese textile giants Lealea and Li Peng reported net losses for 2024, impacted by US tariffs and Chinese low-price dumping. However, Chairman Kuo Shao-yi expressed confidence in a 2025 recovery, citing the restructuring of unprofitable units and new product development. Both companies returned to profitability in Q1 2025.

Citation: Lealea and Li Peng Post Losses in 2024; Chairman Kuo Says 2025 Operations Will Improve (Tue Jun 09 2026 14:21:00 GMT+0900 (Japan Standard Time)), CNA
Source: CNA
Date: Tue Jun 09 2026 14:21:00 GMT+0900 (Japan Standard Time)

AI Summary (NQ-processed)

Taiwanese textile giants Lealea and Li Peng reported net losses for 2024, impacted by US tariffs and Chinese low-price dumping. However, Chairman Kuo Shao-yi expressed confidence in a 2025 recovery, citing the restructuring of unprofitable units and new product development. Both companies returned to profitability in Q1 2025.

AI Analysis

Frequently Asked Questions

Q: What were the 2024 losses for Lealea and Li Peng?: A: Lealea reported a net loss of NT$0.78 per share, and Li Peng reported NT$0.97 per share.
Q: What were the main reasons for the losses?: A: The losses were primarily due to US reciprocal tariffs and low-price dumping from China.
Q: What is the business outlook for 2025?: A: Chairman Kuo expects 2025 performance to improve over 2024, citing restructuring and new product mass production.