Movement Alert｜LUXSHARE ICT Intraday Rise 3.22% in Regular Trading, Q3 Growth and Full-Year Profit Forecast Supported Sentiment

Market Focus11-02

On November 2, LUXSHARE ICT rose 3.22% in regular trading, trading at HK$46.56, with turnover of HK$119 million.

The move followed the company’s latest quarterly disclosure, which showed third-quarter revenue of RMB110.507 billion, up 14.62% year over year, and net profit attributable to shareholders of RMB5.214 billion, up 6.98%.

For the first nine months, attributable net profit reached RMB13.057 billion, up 13.36%. The company also projected full-year attributable net profit of RMB19.090 billion to RMB19.920 billion, implying year-over-year growth of 15% to 20%, and announced a third-quarter cash dividend of RMB0.60 per 10 shares, signaling continued operating stability. At the same time, profit growth lagged revenue growth, indicating that expense investment still affected margin performance.

(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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