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Leader Environmental Technologies' five-year return surpasses market average

EditorAmbhini Aishwarya
Published 30/10/2023, 06:58
© Reuters.

Despite a recent 35% decrease in its share price, Leader Environmental Technologies Limited has outpaced typical market returns with a five-year yield of 93%. This performance is noteworthy, considering the company did not generate any profit last year and has been focusing on revenue growth, a key factor for companies in the red.

However, Leader Environmental Technologies Limited's annual revenue growth rate over the past five years has been a modest 0.6%. This sluggish growth is mirrored in the firm's share price, which saw a yearly increase of 14% during the same period.

Nevertheless, the company's Total Shareholder Return (TSR), which includes dividends and other shareholder benefits, has shown strong performance. Over the past five years, the TSR has yielded a 205% return, significantly outperforming the share price return. This robust performance demonstrates that despite its recent share price drop and lackluster revenue growth, Leader Environmental Technologies Limited has managed to deliver substantial returns to its shareholders over the long term.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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