Luxshare Precision released its 24th semi-annual report, expecting full-year profit to increase by 23%

Luxshare Precision released its 2024 semi-annual report, which showed that the company's net profit in the second quarter increased by 25% year-on-year, and the net profit in the third quarter is expected to increase by about 20%. The company expects its profit growth rate for the whole year to reach 23% year-on-year, and it is expected to continue to maintain a growth rate of 20% next year. This growth is mainly due to the release of assembly profits of its major customers and the rapid growth of its two business segments, automobile and communications.