In FY2025, Leishen Energy’s revenue declined to $48.3 million from $63.5 million the previous year, reflecting a sluggish oil and gas market. Gross profit decreased to $8.5 million and net income settled at $1.25 million, supported by non-operating gains from short-term investments and equity disposals.

The Clean-Energy Equipment division, which represented 45.7% of total revenue, saw its revenue drop by $11.7 million due to weakened demand and competitive pricing pressures. New Energy sales, accounting for 40.4% of revenue, also fell following the expiration of a major client agreement, while Digitalization and Integration Equipment improved gross margins to 4.4% and Oil and Gas services delivered $4.0 million in revenue.

Leishen Energy plans to expand internationally into Central Asia, Southeast Asia and the Middle East during 2026, aiming to diversify its customer base and stabilize revenues. The company will increase R&D investment to build a 125-patent portfolio and establish overseas infrastructure, such as spare parts warehouses, to enhance operational efficiency and mitigate market volatility.