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Luxshare Precision reports significant financial gains in 2024, with plans for further growth in 2025.
Luxshare Precision, a major electronics manufacturer, reported a 15.91% increase in 2024 operating income to RMB 268.795 billion, with net profit up 22.03% to RMB 13.366 billion. Q1 2025 saw a 17.90% rise in operating income. The consumer electronics segment, its core, saw a 13.65% income increase, while automotive electronics grew 48.69%. Luxshare Precision has integrated ESG principles and aims for a 20-25% net profit increase by mid-2025.
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