FINWIRES · TerminalLIVE
FINWIRES

Luxshare Precision's Q1 Profit Jumps 20% as Revenue Surges 36%

By

-- Luxshare Precision Industry (SHE:002475) reported a 20% year-over-year increase in attributable net profit in the first quarter to 3.66 billion yuan from 3.04 billion yuan.

Earnings per share rose to 0.49 yuan from 0.42 yuan, according to a Wednesday filing with the Shenzhen Stock Exchange.

Revenue climbed 36% year over year to 83.9 billion yuan from 61.8 billion yuan.

Luxshare assembles iPhones, AirPods and Vision Pro headsets for Apple.

Related Articles