Luxshare Precision Industry said on Monday its first-half net income rose 18% to 7.84 billion yuan ($1.17 billion), driven by a 40.2% increase in revenue to 174.5 billion yuan.
The Shenzhen-listed supplier, a key partner for Apple, reported adjusted net income of 5.96 billion yuan, up 6.5% from the same period last year. Segment revenue growth was led by communications and data centers, which climbed 49.7%, while automotive electronics surged 274.1% following the integration of Leoni.
Consumer electronics revenue rose 19.3%, reflecting sustained demand for devices tied to artificial intelligence and broader AI infrastructure expansion. Luxshare also highlighted new projects in connectivity, thermal management and power management as growth drivers.
The company forecast first-nine-month net income to rise 15% to 25%, reaching 13.25 billion to 14.40 billion yuan. Adjusted profit is expected to increase 8.6% to 22.8% over the same period.
Shares of Luxshare gained 2.4% to 55.00 yuan in Shenzhen trading on Monday, extending gains after the results were released.
