Movement Alert|LUXSHARE ICT Rises 3.45% in Regular Trading, H1 Earnings and Q3 Guidance Boost Market Confidence

Market Focus
Yesterday

On August 26, LUXSHARE ICT rose 3.45% in regular trading, trading at 60.95 HKD/share, with turnover of HKD 124 million.

On the news front, the company released its interim results on August 24, reporting H1 revenue of RMB 174.504 billion, up 40.16% year-over-year, with attributable net profit of RMB 7.843 billion, up 18.04%. The board simultaneously issued Q3 guidance projecting net profit of RMB 13.246 billion to RMB 14.398 billion for the first nine months, representing 15% to 25% year-over-year growth.

Segment-wise, the communications and data center business posted 49.66% revenue growth, while automotive electronics surged 274.10%, with AI computing and high-speed interconnect emerging as core growth engines. The company also announced a mid-term dividend of RMB 1.1 per 10 shares, totaling RMB 849 million. H1 gross margin improved 0.17 percentage points to 11.78%, though profit growth lagged revenue expansion due to a 75.49% increase in administrative expenses and RMB 2.24 billion in financial costs.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10