On October 30, LUXSHARE ICT fell 3.12% in regular trading, trading at HK$46.02, with turnover of HK$30.72 million.
The latest catalyst was the company’s quarterly results released on October 29. Third-quarter revenue rose 14.62% year over year to 110.51 billion yuan, while net profit attributable to shareholders increased 6.98% to 5.214 billion yuan and diluted EPS was 0.6848 yuan. The board also declared a third-quarter dividend of 0.60 yuan per 10 shares, payable on December 23.
The company also guided for full-year net profit of 19.09 billion yuan to 19.92 billion yuan, up 15% to 20% year over year. However, the market reaction appeared restrained as profit growth trailed revenue growth, while sales expenses in the first nine months increased 49.58% year over year, highlighting ongoing margin and cost pressures despite solid top-line expansion.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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