Luxshare Precision Industry Co.Ltd(002475) : the net profit attributable to the parent company is expected to increase by 25% – 30% year-on-year in the first quarter of 2022

On March 14, Luxshare Precision Industry Co.Ltd(002475) released the performance forecast for the first quarter of 2022. It is estimated that the net profit attributable to the parent company in the first quarter of 2022 will be 1.687 billion yuan – 1.754 billion yuan, with a year-on-year increase of 25% – 30%; The net profit after deducting non-profit was 1.401 billion yuan – 1.459 billion yuan, with a year-on-year increase of 20% – 25%. The company said that during the forecast period, the situation of epidemic, shortage of materials and geopolitics outside China remained severe, and the external environment continued to have an impact on the manufacturing industry: the epidemic affected the speed of goods customs clearance, some material suppliers stopped work, and there was a serious shortage of chips in the world. Combined with the new situation and new opportunities, the company further deepens the forward-looking layout of short, medium and long-term development. During the forecast period, the company’s product performance was highly recognized by major customers, and the overall profit increased steadily.