Lucas GC Ltd. Reports 1H 2025 Revenue of $54.01 Million
Reuters
Nov 01, 2025
Lucas GC Ltd. Reports 1H 2025 Revenue of $54.01 Million
Lucas GC Ltd. reported revenue of $54.0 million (RMB386.9 million) for the six months ended June 30, 2025, a decrease of 36.1% compared to RMB605.5 million for the same period in 2024. Gross margin increased by 2.0 percentage points to 33.7%. Net income for the period was $3.0 million (RMB21.5 million), down from RMB53.9 million in the first half of 2024. The net income margin declined to 5.6% from 8.9% a year earlier. The company attributed the revenue decline to the slowdown of the Chinese economy, a strategic shift to higher-margin products, and a focus on expanding operations outside China. Research and development expenses accounted for 11.9% of revenue, and the company increased its number of granted patents related to core artificial intelligence technology to 20.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lucas GC Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-25-020425), on October 31, 2025, and is solely responsible for the information contained therein.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.