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Lucas GC H1 EPS $0.08 Down From $22.97 thousand YoY, Sales $35.744M Down From $54.008M YoY

Oct 7, 2026, 1:14 PMBenzinga Newsdesk

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Lucas GC Limited Announces 1H 2026 Financial Results: Revenue at US$35.74 million with Increases in Gross Margin
Lucas GC Limited reported 1H 2026 revenue of RMB245.3 million (US$35.74 million), down 36.6% year-over-year due to macroeconomic headwinds in China and strategic shift away from lower-margin contracts. Despite revenue decline, the company improved gross margin to 35.4% (up 1.7%) and net income margin to 8.0%, with net income of RMB19.9 million. Operating expenses decreased 47% as the company optimized its service mix toward higher-value technology solutions.
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