Apple supplier Luxshare Precision Industry notched record revenues and profit for the first half of 2021, an anticipated outcome as the company becomes more deeply entrenched in the tech giant's supply chain.
Luxshare's revenue grew to 48.14 billion yuan (about $7.42 billion) in the first half of 2021, up more than 30% from the same period last year, reports Nikkei Asia. Net profit grew to 3.08 billion yuan, up 22% year-over-year."Some of our businesses were postponed due to multiple external factors," Luxshare said in a filing. "But looking ahead to the second half of this year, we are determined to continue to carry out our five-year corporate growth plan though the external uncertainties are expected to stay."
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Luxshare posts big gains after Apple 'iPhone 13' order win
Reviewed by Ghaniiero
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août 24, 2021
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