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Luxshare Precision reports 5.74% revenue increase to RMB103.60bn in H1 2024, drives growth through diversification, and anticipates benefits from new iPhone models and wearables.
Luxshare Precision, a leading Chinese electronics manufacturer, reported a 5.74% revenue increase in H1 2024, reaching RMB103.60 billion, with net profit rising 23.89% to RMB5.40 billion.
The company credits its success to diversification across consumer electronics, automotive, and data sectors.
As a key iPhone supplier, it anticipates benefits from upcoming iPhone models and growth in wearables.
Luxshare aims to lead in global automotive parts and projects a 20-25% net profit increase for 2024.
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Luxshare Precision reporta un aumento del 5,74% de los ingresos a RMB103,60 mil millones en H1 2024, impulsa el crecimiento a través de la diversificación, y anticipa los beneficios de los nuevos modelos de iPhone y wearables.